Case Study: This Illinois Corporation avoided a 30 percent increase by switching to a right sized solution.
In 2014, an Illinois Corporation was faced with a devastating 30% proposed increase to their 2015 Fully Insured Health Insurance Premiums. This would have placed them at close to $1,000 per employee per month for Healthcare. The only justification the carrier was able to share, was that there was 1 claimant which accumulated over $50,000 of claims, and appears to be on-going.
By switching to our recommended program, our client was able to reduce their costs significantly by partnering with a "right sized" solution. Not only was the 30% increase avoided, but 2015, 2016 and 2017 total spend was well below their 2014 costs.
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ThinkTank Insurance Partners, Inc.
18521 Spring Creek Rd Unit B.
Tinley Park, IL 60477
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