MONARCH BEVERAGE CASE STUDY


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BACKGROUND

Monarch Beverage Company, headquartered in Indianapolis, represents over 500 brands and is the largest distributor of wine and beer in Indiana. Monarch employs and offers employee benefits to their 650 team members.

Through a partnership, Monarch and Apex Benefits were looking for a way to improve the health of Monarch’s employees, increase transparency, and contain costs. The methodology was to incorporate data analytics reviews, and risk factor identification.

CHALLENGE

To increase health and wellness while minimizing and containing cost, our resourceful advisors and the team at Monarch identified seven key features we needed to address:

SOLUTION

To identify areas of growth potential within the clinic, better strategies for curbing employee illnesses, and to increase preventative measures for improving employee health and satisfaction, our team at Apex Benefits took advantage of our leading in-house data aggregator ApexAnalyticsTM. Through a multi-step, collaborative process with Monarch, we paved the way for their clinic to improve not only its offerings and operations, but also the health of their team.

ApexAnalytics™ allowed us to:

  • Capture the utilization data from multiple sources into a minable report;
  • Measure the true value and cost of programs inclusively;
  • Create financial reviews tracking per employee per month costs; and
  • Assess and monitor the health risks among the current employee population and stratify the risk categories.

we paved the way for their clinic
to improve not only its offerings and operations,
but also the health of their team

RESULT

gather data

define options and

make recommendations

preparation

implement strategy

Each aspect was supported through ongoing assessment, engagement, and service. With our data-driven strategies, we have seen Monarch improve in the following measures:

Since 2003, Apex Benefits has built a reputation on providing customized, calculated solutions that aid our clients in making effective benefits decisions for their employees. We believe that a company is only as good as its employees, which is why our team works with you personally to find employee benefits plans that truly benefit your company. We’ll provide the tools, resources and expertise to aid in benefits decisions, creating a continuous conversation about strengthening your workforce and making your business better.