Member Saves 19% ($23,000) through Participation in Association’s Group Health Plan

by Gayle Gilham on May 6, 2019

in Benefits,Membership

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With small and large group health insurance premiums continuing to rise, savvy employers look for ways to control costs while maintaining benefit value for their employees.

Challenge
One of Cascade Employers Association’s members, a small group in the manufacturing industry, was receiving poor service from their insurance broker and communication was not proactive. In addition, they were facing a 9% price increase to renew their existing plan.

Solution
The member reached out to explore Cascade’s sponsored group health insurance program (The Pacific Northwest Employers Life, Health Insurance Trust). The member provided their census, along with their current plan details. Within a week we followed up with an option for the member to maintain the same level of benefits while saving the group 19% off their current rates.

Cost Savings for Employer and Employees
In addition to the $23,000 company premium savings for 2019, employees continue to select from three medical plans, varying in cost with the base option saving employees approximately $41 off their monthly medical deduction and reducing the out of pocket maximum by $2350 (from $7350 to $5000).

How it Works
Since Cascade’s sponsored program is a large group, it has more power when it comes to health insurance plans, networks, and costs! Each member group is quoted separately while overall claims are shared across the entire Association, resulting in reduced risk. In addition, each member group can select multiple plans to offer employees so they can choose the level of coverage they need.

Top 4 Reasons to Consider Cascade’s Group Health Insurance Plan

  • Rates are based on overall claims of the Association, usually below market
  • Access to a large, statewide provider network
  • Great vision, dental and alternative care benefits (chiropractic, acupuncture, massage therapy)
  • Free online, paperless enrollment and enhanced customer service for your employees

Our benefit partner, CSNW Benefits, is the managing agent for The Pacific Northwest Employers Life, Health Insurance Trust. This partnership provides participants with expanded support for benefit compliance, difficult claim situations and employee education meetings.

In addition, you have access to a company-branded online benefits administration tool that will cutdown enrollment time and increase employee engagement – all at no additional cost! To learn how this program may fit your organization, contact Jules Abbott, julesa@csnwinc.com, 503.542.4094, to make a phone appointment with a benefit advisor.

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