Difference Card Case Studies by Industry
Higher Education Client
First Year Savings
- 471 employees enrolled in the health insurance plan
- Saved 23% in health insurance premiums
- Their expected costs by using The Difference Card were -11% under current costs, while improving benefits & out of pocket costs.
- They added financial protection with The Difference Guarantee. Their maximum spend was less than their current costs.
- The client realized $1,235,953 in savings while keeping premium contributions the same.
Healthcare Industry
First Year Savings
- 162 employees enrolled in the health insurance plan
- Faced with a 15% increase to insurance premiums at renewal time
- Received a 24% reduction in fixed premium from the health insurance carrier by moving to a plan with higher copays & a higher medical deductible
- Expected renewal was 2.6% while improving benefits & reducing employee premium contributions.
- The client realized $157,276 in savings.
Manufacturing Company
First Year Savings
- 47 employees enrolled in the health insurance plan
- Faced with a 14% increase to insurance premiums at renewal time.
- Received a 34% reduction in fixed premium from the health insurance carrier by moving to a plan with higher copays & a higher medical deductible.
- Expected renewal was -3% while keeping benefits the same & reducing employee premium contributions.
- The client realized $110,478 in savings.
Law Firm
First Year Savings
- 44 employees enrolled in the health insurance plan.
- Faced with a 10.4% increase to insurance premiums at renewal time.
- Received a 35% reduction in fixed premium from the health insurance carrier by moving to a plan with higher copays & a higher medical deductible.
- Expected renewal was -13% while keeping benefits the same & reducing employee premium contributions.
- The client realized $236,821 in savings.
Snow Removal Company
First Year Savings
- 215 employees enrolled in the health insurance plan.
- Faced with a 15.6% increase to insurance premiums at renewal time.
- Received a 39% reduction in fixed premium from the health insurance carrier by moving to a plan with higher copays & a higher medical deductible.
- Expected renewal was -7.6% while improving benefit & keeping employee premium contributions the same.
- The client realized $573,190 in savings.
Non-Profit Client
First Year Savings
- 173 Employees enrolled in the health insurance plan.
- Faced with a 36.1% increase to insurance premiums at renewal time.
- Received a 46% reduction in fixed premium from the health insurance carrier by moving to a plan with higher copays & a higher medical deductible.
- Expected renewal was 11% while employee contributions had a minimal increase.
- The client realized $510,250 in savings.
