Employee Location Issues And Cost
Challenge
A software firm located in NJ that had employees all over the United States at different locations. Most of the employees are young families.
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What type of plan can we implement for a firm that has location issues as well control costs?
Solution
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Implemented a level funded plan with a high deductible
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Funded the H S A with premium savings from the plan
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Plan used a national PPO network
Results
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1st Year refund – $35000
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2nd Year refund – $52000
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3rd Year Refund – $28000
