When the company received a 29% renewal rate increase from its fully insured carrier, it knew it had to change something. Their employees—most of whom lived paycheck to paycheck—could no longer afford the overpriced and complicated healthcare plan.
As a result of implementing the Self-Funding plan with Virtue Health, the company got a total of $500,000 in savings at the end of the first year and no renewal increase heading into year two.
Our group purchasing consortium enables companies, whether they have 50 or 500+ employees, to provide an exceptional experience for their staff, while also delivering significant financial benefits to their business.
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