INCENTA Lowered Cost $250,000 and Maintained Level Renewal Cost for 10 Years.
Highlights:
- In 2012 the company utilized a fully insured health insurance plan with an annual cost of $1,200,000.
- INCENTA introduced its Integrated Health Plan™ within the fully insured coverage model and delivered first year savings of $250,000.
- Introduced a new partially self-funded plan design.
- Delivered unprecedented consistency in renewal costs.
- Approximately $5,000,000 of cumulative savings when comparing actual cost to a 4% renewal increase.