What does a big shake up in benefits plan design look like? Moving to full-replacement HDHPs after nearly two decades of no change. To help ease the transition, WKU relied on their partnership with Benefitfocus.
What happened next? WKU realized a $2 million reduction in total health care spend in the first year of roll-out.
An intuitive enrollment experience combined with transparency tools gave WKU employees the guidance they needed to make smarter benefit decisions. Ultimately, 75 percent of employees saw less out-of-pocket expense under the new plans. WKU continues to show the savings by preparing year-over-year comparison statements of claims for each employee.
Download the case study to learn more about how WKU’s move led to cost-effective benefit decisions for their workforce and health care cost control for the university.