Think you’ve exhausted options for cost savings? Simplify health benefits administration and enrollment processes with a private health exchange.
See how the RightOpt® Private Exchange was the right option for Church & Dwight Co. Inc., one of the fastest growing consumer packaged goods companies in the United States.
Church & Dwight Co. was looking for a way to manage rising health care costs and improve overall engagement while continuing to offer competitive and cost-effective coverage. They ran out of cost-sharing options and had already transitioned their workforce exclusively to a consumer-directed health plan (CDHP) with a health reimbursement account (HRA). They were looking for a fresh approach.
“We mentioned the potential for reduced (2015) contributions to the Plant HR Managers and there was stunned silence. One of them volunteered that he had never heard that in his 20 years of HR.” — Jim Levine, Director, Benefits and Compensation
RightOpt was the right approach. It helped them reduce total claims costs by 11 percent, and increased member engagement and participation in wellness initiatives.