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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