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$323K Premium Reduction Achieved

From a surprising 52% increase to just 4.7% - this Chicago suburbs manufacturing company avoided over $323,000 in additional premiums while removing $1.5+ million in ongoing claims through strategic workforce planning and innovative benefit solutions.


The Situation

A Chicago suburbs manufacturing company with 183 eligible employees faced a 52% renewal increase, translating to over $323,000 in additional annual premiums. This stemmed from an aging workforce with multiple high-dollar claims creating unsustainable cost pressures.

With limited resources and a workforce heavily concentrated in older age demographics, traditional cost-management approaches were insufficient when addressing this challenge.


Key Results


52% to 4.7% Reduction

Transformed large renewal increase into manageable growth while maintaining coverage quality.


$1.5M Reduction in Claim Exposure

Reduced large claimant exposure through participant education on alternative plan options - providing improved coverage.


Win-Win Situations

Implemented best-in-class Government Assistance Program resources to educate employees eligible for coverages like Medicare on which options helped reduce their out-of-pocket and premium costs the most.


Why They Needed Change

  • Premium Increase: 52% increase in medical premiums threatened organizational financial stability with over $323K in additional annual costs

  • Aging Workforce: 3 largest claimants over age 60, 2 over 65, with 20 total members over 65 driving unsustainable utilization

  • Large Claims Concentration: 8 members hit 50% of their specific deductible, accumulating $1.1M in paid claims with 4 exceeding $90K specific limits

  • Limited Traditional Options: Standard cost-containment measures insufficient for addressing concentrated high-dollar claim exposure



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