Cost Savings

County with over 800 employees reengages Apex for savings after switching brokers and being forced to dip into their reserves.

City government with 500 employees sees cost increase transformed to savings after Apex’s renewal negotiation with the stop-loss carrier. A 20% cost increase instead becomes over $500,000 in savings.

A no-risk, no-obligation review of the current PBM contract and recent claims uncovers over $10,500,000 in savings for a global manufacturer.

A holistic peer review identifies significant savings and opportunities to reduce administrative burden for a small HR team serving 500 employees around the globe. Basic broker services were replaced with a strategic partnership that created deep, sustainable cost savings.

Prior to Apex becoming the strategic advisor, this client also had a near-site clinic available to all members on the medical plan. After a thorough review of clinic data, our team found that the cost per visit exceeded $225 due …

MSD of Wayne Township was dedicated to employee health and wellness prior to engaging with Apex Benefits and its Kinetiq Health team in late 2019. While mostly satisfied with their wellness program, the school system was looking for opportunities to …

The client was unsatisfied with the customer service and level of innovation provided by their benefits advisor. Apex was engaged to complete a Peer Review to identify immediate and future plan savings with minimal disruption to plan members.

Discover how to save money on employee benefits with expert strategies from Apex Benefits. Learn cost-saving solutions that improve plan performance and employee satisfaction.

The client made a switch in consultants to Apex just before the beginning of the fourth quarter and had already started the renewal negotiation process. The former consultant’s negotiated renewal rate suggested increased costs of $208,000.

At Apex Benefits, we believe that benefits should be more than a line item; they should be a strategic advantage. For Indiana employers, the stakes have never been higher: health care costs are rising, employee expectations are evolving and the …

Learn how to lower employee benefits costs without sacrificing quality. Explore five strategies to reduce future healthcare spending.

Health care costs are on the rise. We are breaking down three health care cost trends for 2024 and how employers can mitigate their financial risk.