Challenges
An employer with 16 employees on their medical plan received a rate increase, this time for 7%. This increase did not seem overwhelming, but the group was not taken to market for 3 years, and the increases over that time were consistent.
Solution
BBG provided a roadmap to take the group to market and collect quotes from available carriers. As a result, we found lower-cost plans with reduced deductibles for the group at a savings of 35%. Ultimately BBG reduced costs and increased benefits.Currently
The group is settled in for its first-year premium reset. The employees are happy because not only did their costs not increase, but they went down and they have a richer benefit.At a Glance
BBG Inc. is a trusted partner for businesses locally in Ohio and on a national scale, providing employee benefits administration solutions that help companies take control of their healthcare costs.
Call to schedule a review and consultation for your business: 866-845-8600; Ext. 126