Case Study
Two Years on an Exchange Brings Continued Cost Savings and More Employee Choice
Two Years on an Exchange Brings Continued Cost Savings and More Employee Choice Prior to the Exchange (2013) With the Exchange (2014) With the Exchange (2015) Company: A New Jersey-based ambulance service with 70 employees including EMTs, registered nurses, drivers, and dispatchers. Why They Switched to a Private Exchange The Company was looking for a long-term solution to offer more benefits choice to fit the diverse needs of their workforce, while at the same time moving to online enrollment and controlling the rising cost of Medical insurance. Employees appreciate more choice The Company offered 8 Medical plans, along with 8 ancillary benefits. Employees elected all Medical plans, primarily mid- range HMOs. For the first time, employees also chose from 9 ancillary plans, favorin