Discover Difference Card Doorbuster Savings
Key Takeaways A Quick Summary
Key Takeaways
- Education Client Saves 48% — A Florida private school (300 employees, 262 enrolled) reduced a projected 42% renewal to a 6% decrease by switching to Florida Blue and restructuring plan design, achieving over 48% savings on fixed insurance premiums and saving $880,000 annually while enhancing benefits.
- Non-Profit Clients Save 35% — The California team saved this customer $1,222,747 and reduced a 10% renewal to -12.5%; with ~350 employees (318 enrolled) the move to a Bronze Level PPO reduced fixed premiums by almost 35%.
- Technology Client Saves 32% — The New York team saved $901,347 and cut a 20% renewal to an expected -4.2%; a company with over 200 employees (195 enrolled) moved to higher deductibles/out-of-pocket plans with Cigna, lowering fixed premiums by more than 32%.
- Municipality Saves 30% — The New Jersey team saved $1,480,658 and reduced a 21% renewal to -0.2%; a municipality with ~350 employees (317 enrolled) moved to a lower-cost Horizon option, decreasing fixed premiums by almost 30%.
- Construction Client Saves 28% — The company avoided an 8% rate increase and reduced fixed insurance costs by 28%, saving $370,000 annually (projected spend over $1.3M) using a MERP strategy; employees received richer benefits with no added cost and the employer gained a 100% return of surplus funds at year-end.
On average, savings for Cyber Monday are about 30%.
Here at The Difference Card, we believe in saving our clients money on their health insurance spend, but can we beat 30% savings? We decided to take a deep dive into some of our favorite case studies to see the savings we were able to achieve this year for these groups.
Non-Profit Clients Save 35% on Health Insurance Renewal
Our California Team was ultimately able to save this customer $1,222,747 off their health insurance costs and reduce their 10% renewal down to -12.5%.
This company has about 350 employees with 318 enrolled in the Health Plan. Their current benefits strategy included two options: a Platinum PPO Plan, and a Gold PPO Plan.
By moving this company to a Bronze Level PPO Plan option, The Difference Card was able to reduce the fixed insurance premiums by almost 35% for this customer.
Technology Client Saves 32% on Insurance premiums using the Difference Card
Our New York Team was ultimately able to save this customer $901,347 off their health insurance costs and reduce their 20% renewal down to an expected -4.2%.
This company has over 200 employees with 195 enrolled in the Health Plan. Their current benefits strategy included two Platinum Plans, and two Gold Plans.
By moving this company to plans with higher deductibles and out of pocket costs with Cigna, The Difference Card was able to reduce the fixed insurance premiums by more than 32% for this customer.
Education Client Saves 48% on Insurance premiums using the Difference Card
A Florida private school with 300 employees and 262 enrolled in the health plan reduced its projected 42% renewal increase to a 6% decrease.
By switching to Florida Blue and restructuring their plan design, they achieved over 48% savings on fixed insurance premiums.
The Difference Card helped the school save $880,000 annually while enhancing employee benefits with first-dollar coverage and predictable monthly budgeting.
Municipality saves 30% on Insurance premiums using the Difference Card
Our New Jersey Team was ultimately able to save this customer $1,480,658 off their health insurance costs and reduce their 21% renewal down to -0.2%.
This municipality has about 350 employees with 317 enrolled in the Health Plan. Their current benefits strategy included one platinum PPO option.
By moving this municipality to a lower cost option with Horizon, The Difference Card was able to reduce the fixed insurance premiums by almost 30%.
Healthcare Agency Saves 25% on Insurance premiums using the Difference Card
Our Texas Team was ultimately able to save this customer $320,125 off their health insurance costs and reduce their 22.4% renewal down to 8%.
This company has about 300 employees with 206 enrolled in the Health Plan. Their current benefits strategy included four options PPO options, ranging from Silver to Bronze Level Benefits.
By moving this company to a Bronze Level PPO options, The Difference Card was able to reduce the fixed insurance premiums by almost 25% for this customer.
Construction Client Saves 28% on Insurance premiums using the Difference Card
The company avoided an 8% rate increase and instead reduced fixed insurance costs by 28%, saving $370,000 annually.
Their total projected spend was over $1.3 million, which was brought down significantly through the MERP strategy.
Employees received richer benefits with no added cost, while the employer maintained budget predictability and gained a 100% return of surplus funds at year-end.
Are you ready to bring your clients doorbuster savings on health insurance?
The Difference Card helps employers in all industries to save an average of 18% off their health insurance costs, while often improving benefits for employees.
To learn how much The Difference Card can save you, find a consultant in your region or request a proposal today.
