Love at First Savings: 6 Sweet Case Studies
Here at The Difference Card, we pride ourselves on delivering sweet benefits at an even sweeter cost.
Discover how sweet benefits were for these clients in our Valentine’s Day Case Study Roundup.
New York University Saves Over $4 Million
A prominent New York University was facing a 19% health insurance premium increase, pushing their costs over budget by $2 million.
By partnering with The Difference Card and Risk Strategies, they implemented a $5,000 deductible plan with Aetna, lowering fixed insurance premiums by 33% and generating $5 million in immediate savings.
With The Difference Card’s Monthly Budget Difference Guarantee program, the university reinvested a portion of savings to enhance employee benefits while capping costs, leading to over $4 million in total savings.
Florida Private Equity Firm Saves $800,000
A Florida-based private equity firm was facing a 14.5% health insurance renewal increase, putting pressure on their budget.
By partnering with The Difference Card, their broker was able to reduce costs by 17%, turning a projected +15% increase into a -5% savings below current costs—resulting in $821,829 in guaranteed savings.
With The Difference Card’s Guarantee solution, the firm improved employee benefits, lowered out-of-pocket expenses, and ensured a fixed monthly budget—all while staying with their preferred carrier.
Pennsylvania Software Company Saves $440,000
A Pennsylvania software company faced a 30% health insurance renewal increase, threatening to raise their costs from $2.8 million to over $3.7 million.
By partnering with The Difference Card and Liberty Insurance Agency, they eliminated an expensive gap insurance plan, reducing fixed costs by 23% and saving over $900,000 annually.
With The Difference Card’s Medical Expense Reimbursement Plan (MERP) and debit card technology, the company enhanced employee benefits, lowered out-of-pocket costs, and solved administrative challenges—resulting in $440,000 in guaranteed savings.
California Auto Dealership Saves $400,000
A Los Angeles-area car dealership faced rising healthcare costs, with a potential 5% renewal increase threatening their $2 million annual health insurance spend.
By partnering with The Difference Card, they secured a 30% reduction in premiums, lowering fixed costs by over $700,000, while maintaining strong benefits for employees through a Medical Expense Reimbursement Plan (MERP).
With The Difference Card’s customized funding strategy and Difference Guarantee protection, the dealership achieved $412,999 in net annual savings, all while ensuring financial predictability and improved employee benefits.
Mid-West Global Shipping Company Saves $400,000
Illinois Manufacturing Company to Save Over $160,000
A Midwest manufacturing company faced a 23% health insurance renewal increase, threatening to push their healthcare spend beyond $1 million.
By partnering with The Difference Card and their broker, they reduced renewal costs by 17%, bringing the increase down to just 6%, and secured $160,000 in guaranteed annual savings.
With The Difference Card’s Monthly Budget solution, the employer not only lowered costs but also improved employee benefits, funding the first $3,500 of deductibles to reduce out-of-pocket expenses.
