Case Study
Contech Systems, Inc.
www.contech-it.com
Contech Systems delivers precisely-matched IT resources for contract and direct hire openings. Clients trust our technical insight and professional integrity, developed over more than 25 years in the industry.
Challenge
Contech Systems Inc. was overpaying for health benefits and receiving mediocre coverage. Each year, their premiums would rise and coverage would fall, frustrating both their management and employees. They needed better coverage with more predictability in terms of premiums.
Solution
Our expert staff used their experience to implement innovative solutions, including a level-funded plan that not only saved money, but enhanced the medical benefits for all. By taking advantage of level-funding, Contech has an opportunity to receive money back each year with no risk. With access to more affordable prescriptions, and services like telemedicine and wellness programs, employees were happier and healthier.
In the first year, Contech saved over $82,000 on their group health insurance, and are projected to save even more in years to come.
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