Over $180K in Second Year
Lincoln County Fiscal Court
The county has seen numerous benefits since switching, including better quality care and a dramatic reduction in costs. The biggest payoff, a $181,346 refund.
Total Savings
Challenge
Lincoln County’s health care benefits costs were out of control. In a good year, their insurance rates would increase by 10%. In their worst years, they absorbed rate hikes as steep as 30-40%. As stewards of taxpayer dollars, they felt compelled to control these costs.
Solution
With guidance from Virtue Health, Lincoln County was able to smoothly transition to a self-funded health plan. By taking greater control over their plan, the county slashed costs while improving the quality of care their employees received.
Outcome
The county has seen numerous benefits since switching, including improved quality of care, consistency in their plan, and a dramatic reduction in costs. The biggest payoff, however, has been a $181,346 plan refund in their second year of self-funding.
