See why this group returned to Benecard after a single year with a Regional Medical Carrier, under a fully insured prescription drug benefit.

Client Profile
Collectively Bargained, Public School District, ~880 Employee Lives

Rx Benefit Profile
Carved-out, Fully Insured Program through Regional Medical Carrier,
Population Enrolled in $10/25, $10/10 R/M Copay

July 1, 2017 – June 30, 2018

Left Benecard for Regional Medical Carrier

Benecard’s Renewal
$5,016,201

Regional Medical Carrier Premium Quote
$4,769,286 (5% savings)
Group remained with existing medical carrier for their medical plan.

July 1, 2018 – June 30, 2019

Returned to Benecard

Regional Medical Carrier’s Renewal Premium
$4,862,287
Group continued with existing medical carrier for their medical plan.

Benecard Proposed Program Costs
$4,278,813
Group preferred Benecard’s service for Rx.

Annualized Savings by Switching Back to Benecard
~$600,000

2018-2019 Expected Claims Experience
$4,000,000

Client Accepted Benecard Renewal
2% increase

First Year
12.4%
Savings

Are you ready to save with Benecard?

Proposal Request