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With more than 16,000 U.S.-based associates, working in 128 locations, a global manufacturing client understood they needed to perform a major benefits plan review, their first in nine years.
$3.1M Saved in First Year$12M Saved Over Life of the Contract
Our experienced team lead the process to review and refine their long-term benefits strategy. We also managed the marketing and negotiation processes for all benefit lines, representing the client in each new vendor relationship.
Leveraging our market intelligence and carrier relationships, we helped the client realize these substantial gains:
As a result of our efforts, this client saved more than $3.1M in the first year following the review. Taking into account the rate guarantee periods, the client will realize nearly $12M in cost avoidance over the life of the contracts we delivered.
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