Success Stories

Case Studies

New Group Health Plan Significantly Reduces Employee Turnover

The Situation

Our client is a tribal government that has predominantly employed their own tribal members and depended upon IHS to provide health services to their colleagues. As their enterprise entities continued to expand and diversify, so did their non-tribal workforce. As their non-tribal workforce grew, they learned they would soon face catastrophic problems with turnover and downtime due to continuous training. To alleviate the issue, the Tribe sought assistance from several brokers; because of a lack of claims amongst the 350 employees, however, they were unable to obtain a competitive proposal.

The INSURICA Solution

INSURICA took a very different approach to underwriting this large employer. Instead of placing a single request within the market, INSURICA individually underwrote all benefit-eligible employees. The detailed level of information provided by INSURICA opened up the market and our client found themselves being fought over by three different carriers.

The INSURICA Experience

INSURICA provided the Tribal government and its entities with an extremely competitive group health plan. In fact, the group health proposals were so competitive that the Tribe was able to pay 100% of the employee-only premium. And as an employer that had once experienced turnover at over 200%, they are greatly pleased with their current turnover of just over 20%.