Page 10 - Francis Parker School RFP (Stawicki)
P. 10
Burnham Benefits Response to Francis Parker School Request for
Proposal for Consultant/Broker for Health and Welfare Plans
Services
How Burnham has helped its Clients
How We Helped
Industry: Non-profit, Client wanted to offer a medical plan dual option (Kaiser and non-
Charitable Kaiser) and was dangerously close to being dropped from the
Organization alternate plan since 70% of employees were enrolled with Kaiser.
We proactively developed a three-year contribution strategy that
# of Employees: 350
resulted in an enrollment mix that both plans find acceptable.
Solution: Long Term In addition, we created a health fair in conjunction with open
Planning to Achieve enrollment that allowed the non-Kaiser plan and popular medical
Goals groups to highlight services. The health fair was warmly received
by employees and administration and drove migration to the non-
Kaiser plan.
Achieved: Preservation of dual choice
Industry: Private This group was facing a +40% renewal due to high claimants. When
Company Burnham dug deeper into the utilization, we found that a single
member had been treated with a prescription that cost $84,000.
# of Employees: 200
The prescription cured the illness and prevented future relapse
and liver transplant.
Solution: Long Term
Planning to Achieve Because we were able to provide information to underwriting
Goals about the disease pathology and the prescription used, we had the
renewal rate action reduced by 50%.
Achieved: $250,000 in savings
Industry: City/Public Client was in the middle of budget challenges and limited HR
Entity resources. Their open enrollment was a manual process and had
no budget to absorb a 4% renewal increase, let alone purchase a
# of Employees: 750
benefits administrative system. In addition, the client was
extremely risk averse.
Solution: Long Term
Planning to Achieve Burnham bundled all lines of coverage to maximize discounts and
Goals implemented open enrollment using iPads and an online benefits
administration system that was paid for by the carrier.
Achieved: $70,000 in savings on implementation of benefits
administration system, $40,000 annually
Streamlined open enrollment
See Appendix 1 | Public and Private Schools and School Resources
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