Managing healthcare costs is a persistent challenge for companies. Sympl Benefits offers a fresh approach to employee benefits that can lead to significant savings and improved care. Let’s examine a real example that demonstrates the effectiveness of our strategies.
Case Study: A 250-Employee Company Reduces Healthcare Spending
A new client with 250 employees faced a 20% increase in their healthcare costs. This increase was not sustainable for the company. Sympl Benefits provided a solution that changed their outlook.
The Sympl Strategy:
- Move to a self-funded contract
- Apply a targeted risk management strategy focusing on prescription drugs
- Use innovative methods to control escalating prescription costs
The Results:
After seven months:
- $600,000 saved compared to their previous fully insured option
- Projected to save an additional $360,000 on prescription drugs alone
Solutions for Various Company Sizes
These savings aren’t limited to large companies. We are dedicated to creating sustainable benefits that work for businesses of all sizes.
What Sets Sympl Benefits Apart
Our Story
Traditional health insurance models are no longer meeting the needs of employers and employees. Both groups need a solution that lowers healthcare costs without sacrificing quality. Sympl Benefits was founded to address this need. We focus on excellent service, smart strategies, and technology-driven solutions.
Our Approach
We believe in personalized service. We get to know your employees and focus on:
- Explaining plan designs clearly
- Encouraging informed healthcare choices
- Helping employees understand how their decisions affect costs
When employees work with our team, they learn:
- The actual cost of care
- How their benefits cover different services
- How to access alternative care providers at $0 patient responsibility when suitable
A Different Path Forward
If rising healthcare costs are impacting your business, consider a new approach. We offer innovative solutions to change how you manage employee healthcare.
Interested in learning how Sympl Benefits can improve your company’s healthcare strategy? Contact us to discuss our customized, cost-effective solutions.
