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Archive: Case Studies
- October 18, 2021
Peer Review Nets Nearly $1 Million in Identified Savings
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.
- October 3, 2021
Clinical Expertise Saves $600K in Laser Liability Costs
The client’s insurance provider would not release the detailed claims data and clinical case notes needed to help Apex negotiate the renewal. Therefore, competing stop loss carriers were comfortable with the risk profile only if able to “laser” one claimant …
- September 13, 2021
Indiana Township Realizes $505,000 in Savings
It was determined that the client was due a refund. The Township not only saved money, but also saw an improved return on their investment for the clinic. The savings understandably left the client pleased knowing it was spending less …
- August 31, 2021
Client Sees Rx Spend Trimmed By More Than Half From Prior Year
A mid-sized company with diverse holdings in the food and entertainment sector with about 400 employees.
- July 18, 2021
Realizing Savings Through Shift from Fully-Funded to RBR
The client was experiencing rising and unsustainable healthcare costs while their revenue stream was capped. In 2015, two years prior to hiring Apex, its healthcare spend was $1.66 million. That spend increased to $1.81 million in 2016.
- May 18, 2021
Using RBR, Public Sector Expertise to Reduce Spend
Apex was the first benefits advisory firm to introduce Reference-Based Reimbursement (RBR) pricing methodology to the public and private sectors in Indiana in 2012 and has the largest number of RBR clients among Indiana benefits advisory firms.
- March 31, 2021
Identifying Chronic Conditions Helps Steer Plan Member Care
By identifying the employee’s medical and behavioral issues and specific needs, the Kinetiq Health team was able to establish individualized care paths to manage chronic conditions. The employee was steered to an appropriate place of service for ongoing monitoring. While …
- April 12, 2020
Fully Funded Non-Profit Addresses Employee Wellness
Open Door Health Services is a fully funded not-for-profit health center providing comprehensive primary, urgent and preventive healthcare services to individuals and families throughout East Central Indiana. There are 99 employees enrolled in the medical benefits program.
- November 13, 2019
Substantial Rx Cost Savings Identified for Small Business
The team of Certified Pharmacy Benefits Specialists reviewed the employer’s pharmacy claims and pharmacy benefit manager (PBM) contract. Apex contract assessments include taking a deep look in to pharmacy benefit contractual terms.