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September Case Study: Pennsylvania Manufacturer Saves $50,995 on Renewal Using The Difference Card

September 15, 2021

Using our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the Difference Card helped a Pennsylvania Manufacturer navigate a difficult September renewal. The client was receiving a 19.4% renewal increase from UPMC. This manufacturer’s Health Insurance Broker engaged The Difference Card to help with a solution to reduce this renewal WITHOUT changing the benefits to staff.

Our Pennsylvania team was ultimately able to save this customer $50,995 off their health insurance costs and reduce their 19.4% renewal down to -3.9% below current.

This agency has 35 employees with 24 enrolled in the Health Plan. Their current benefits strategy included two options: a Gold PPO Plan and a Gold EPO Plan. 

By moving this manufacturer to Bronze Level PPO / EPO Plan options, The Difference Card was able to reduce the fixed insurance premiums by 37% for this customer. 

Our team of Data Analysts and Underwriters reviewed the employee information and came up with a conservative forecast of claims utilization. After benefits were built back to the original dual option benefit plans by using The Difference Card Technology Strategy, the net renewal was -3.9% below current. 

The end result was $50,995 in net savings for this manufacturing customer!

“I am really pleased with the amount of savings we were able to offer this small business client. This specialty food manufacturing company has been a staple in the Pittsburgh Community since 1940 and we are really thrilled that we can support this organization by providing substantial health insurance savings for their 35 hardworking employees.“

Rachel Wilburn, Senior Consultant at The Difference Card

Many Difference Card customers look for financial protection when taking on the risk of paying claims for their employees. This New York non-profit decided to purchase The Difference Guarantee insurance policy, which capped the group’s utilization liability and guaranteed the savings to their company. 

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.

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