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A Benefit Consulting Organization

     

WHY CHARON PLANNING
Case Studies: Plan Design & Pricing

Client: A very large East Coast professional services firm

Project Scope: Our client asked us to help them reduce the cost of their ancillary line coverages. Charon Planning performed a thorough underwriting analysis, examined plan designs, surveyed the market and engaged in negotiations with carriers.

Results: Charon Planning reduced the client's ancillary line premiums and fees by $2.1 million and secured a three year rate cap - without changing carriers.

Client: A large Pennsylvania-based health services provider

Project Scope: Our client was seeking a way to reduce their prescription drug benefit costs. Charon Planning performed a thorough analysis of the company's current program and utilization and initiated a comprehensive PBM marketing effort.

Results: Through Charon Planning's analysis, marketing efforts and provider negotiations, the organization reduced its prescription drug benefit costs by over $800,000.

Client: A New Jersey firm with over 25,000 employees

Project Scope: Our client was looking to reduce the cost of their Life and Disability coverages. Charon Planning performed a comprehensive Life and Disability marketing and conducted carrier negotiations on the client's behalf.

Results: Charon Planning reduced the organization's Life and Disability premiums by 20% and locked in the rates for three years.

 

 

"You all did an awesome job on this!! Each of you are amazing."

Carol Albright
Vice President, Human Resources
Advertising Specialty Institute