See Real World Results
CHANGING COURSE FOR A LOAD OF SAVINGS
TRUCKING COMPANY ANALYSIS
With 86 employees enrolled in healthcare, this family-owned business needed a new way of managing costs. The decision to work with consultants at ECG paid off. With our guidance, this company saved $292,000 in just one year.
COUNTY ELECTS A COST SAVING PROGRAM
COUNTY GOVERNMENT ANALYSIS
With 201 lives enrolled in healthcare, the total insurance cost for one particular county was $1,235,000 for 2020. With the guidance of ECG consultants, the group reduced their overall costs for healthcare benefits by $352,000 and received a 33.17% reduction at renewal.
RETOOLED BENEFITS PRODUCED BIG SAVINGS
MANUFACTURING COMPANY ANALYSIS
With 207 lives enrolled, the pharmacy benefit costs were not sustainable. With the help of ECG’s pharmacy experts, prescription costs were reduced by $119,000 in the first 6-months and a total reduction of $281,013 over a 12-month period. Employee’s copay were also reduced in the same time period by $16,820.
CITY SAVING A LOT OF $$$ WITH IMPROVED BENEFITS
MUNICIPALITY ANALYSIS
With 89 lives enrolled, the annual rate increases were out of control. In 2007, the City Council voted to elect ECG the new benefits program manager. The Einstein Method not only reduced cost by over $94,000 in the first year, but also improved the benefits offered to the employees. Today in 2023, the employees have a $250 annual deductible, the same as they originally had in 2007.
CITY SAVES, EMPLOYEES SAVE, TAXPAYERS SAVE
MUNICIPALITY ANALYSIS
With 36 employees enrolled, this beautiful lake side municipality was drowning in their costly health insurance premiums. The city voted in 2014 to adopt the Einstein Method to reduce cost and improve affordability for families. One year later the City was able to reduce the health insurance budget by over 40%, lower the cost paid by employees for their dependants’ premiums, and improve the benefits for all. The Einstein Method reduced cost by $91,198 in just the first year and savings have continued each year. Today in 2023, the employees have a $500 annual deductible, the same deductible as they originally had in 2014.
COFFEE COMPANY GRINDS OUT A LOT OF SAVINGS
BEVERAGE COMPANY ANALYSIS
This Midwest Coffee/Beverage company with 134 employees enlisted ECG to help reduce their health plan’s cost. In just the first 15 months, the company saved $228,993 off their health insurance spend and the employees saved $10,990 in reduced copays.