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Savings Calculation Request

Let's face it. It's hard to save money.  Dependent eligibility, working spouse, and medical/pharmacy claim audits are one of the few areas in benefits where money can be saved in a transparent, recurring, and immediate manner. 

In general, eligibility audits can potentially reduce claim costs by 2% - 3%.  Claim audits can save an additional 4% - 7%.  Said another way, a business operating on a 5% profit margin would have to generate 20 times the savings in revenue equivalents.

To build your estimate we need some additional information

Please send an email to Info@HRBestPractices.com and provide the following.

Funding arrangement (self-funded or fully insured)

Annual claims or premiums spend

Number of employees enrolled with one or more dependents

Number of spouses/domestic partners

Number of children

Average age

Average compensation (excluding leadership)

Number of locations with at least 50 employees

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