S. Daniel
American Vision Windows
CASE STUDY
SUMMARY
An employees-first focus leads to a smooth transition to a new approach with significant cost savings!
American Vision Windows is the largest window sales and installation company in California. Their continued success is a result of a balanced focus on both customers and employees.
AVW is well-known for taking care of their employees and faced some tough decisions with their group health plan.
Plan launch: 2023
Location: Simi Valley, CA
Number of employees: 163
CHALLENGE
Their fully-insured plan costs continued to grow and AVW was facing another 12.9% increase in premiums. While completely focused on exploring alternatives, AVW also wanted to minimize the educational impact to their workforce that would come with a new plan and revised benefits and network.
SOLUTION
AVW selected a self-funded plan with a Captive solution that guaranteed no new lasers and capped stop-loss at 35%. The new plan also provided enhanced benefits with Cancer Care, Advanced Reporting, Direct Contract Surgery, and Imaging services with $0 out-of-pocket to employees that allowed them to stay within the same network.
Results
INSURANCE PREMIUMS
21.7% lower
ANNUAL COST SAVINGS
$303,000+
Stephen Daniel
stephen.daniel@ioausa.com
(928) 279-7876
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