We don't measure success in premiums placed or carriers satisfied. We measure it in dollars saved, data unlocked, and employers who finally feel like their benefits plan is working for them — not against them.
Seven employer groups across different industries and sizes — all with one thing in common: measurably better results after working with Benefits Collective.
Our analysis uncovered outdated contract terms and missed savings across pharmacy and stop-loss. In Year 1, we replaced the PBM with more favorable terms, rebate guarantees, and full data transparency. In Year 2, we negotiated lower stop-loss premiums and secured a local provider relationship offering $0 visits for primary care, women's health, pediatrics, and labs.
A university was spending aggressively on a fully-insured plan with no insight into utilization. We built a custom self-funded plan that actually improved benefit quality while reducing total spend — a combination they hadn't thought possible.
A regional orthopaedic practice had transitioned from a fully insured plan to a bundled self-insured plan a few years prior to engaging Benefits Collective. After transitioning, our first order of business was to start a PBM RFP and renegotiate key terms in the group’s contract.
Benefits Collective was engaged to assist in an issue-laden renewal. The two main problems: significant undisclosed compensation and a slow-played renewal hindering the group’s ability to run a competitive RFP process.
A Media Communications firm initiated a vendor change which triggered a previously unknown rebate forfeiture clause. The estimated loss: $600,000.
This industry group was already self-funded with one of the Big 3 PBMs. They were receiving no rebates or reporting to help with long-term planning, and Rx spend was approaching 50% of total plan costs.
A Labor Union discovered an almost $1M fee related to a funds return event and engaged Benefits Collective to assist with the challenge of the fee.
Every dollar saved comes from one of four categories. Understanding which levers drive the most value is what separates a well-managed plan from one that just renews on autopilot.
Schedule a no-obligation consultation. We'll analyze your current plan, model your savings opportunity, and show you exactly what results like these could look like for your workforce.
No pressure. No commitment. Just a conversation.