Success Story: How One Company Slashed Health Benefits Costs by 20%

By Sean Flavin August 09th, 2023

Our latest Group Captive Success Story highlights an effective cost-containment solution to help companies reduce spending on health benefits programs without compromising the quality of the coverage. This solution — transitioning to new Pharmacy Benefits Manager (PBM) partners — allowed one company to reduce its total program spend by 20% in Rx savings alone.

The ability to unbundle the PBM solutions and transition to new partners was made possible by the company’s participation in one of the Medical Stop Loss group captives supported by Captive Resources. In recent years, we’ve seen the myriad ways Medical Stop Loss captives can be a game-changer by affording companies unprecedented program control and access to cost containment solutions in ways that just aren’t available in the traditional market.

Fill out the form below to access our interactive Success Story to discover how this company saved over $200,000 in less than a year.

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