Employee Benefits Consulting That Pays for Itself

A county government client partnering with Apex since 2017 has saved over $3,500,000 through a move to a reference-based reimbursement plan. The results speak for themselves: significant decreases in per-employee-per-month (PEPM) costs, two premium holidays for employees, and employer-paid long-term disability coverage — all without disrupting plan member benefits.

After engaging Apex for a no-cost, no-obligation peer review of their benefits plan, this client uncovered $457,000 in savings opportunities and a path to reducing PEPM costs by 42% over two years. Zero disruption to plan members. Savings redirected into a new communications and engagement platform that improved the employee benefits experience across the organization.

With an annual pharmacy spend of $70,000,000, this Fortune 200 manufacturer had significant room to optimize. Apex’s pharmacy benefit experts conducted a no-risk, no-obligation review and negotiated directly with the client’s PBM to realize $10,543,000 in savings — nearly 16% of total spend. $1,100,000 of those savings were passed directly to employees enrolled in a high-deductible plan.