Church in Texas lowers exposure and unlocks tax credits.
Organization
Heritage Church of Christ
Market
Church
Previous Plan
Traditional Group Plan
Location
Fort Worth, TX
Challenges
After losing coverage from their larger church association, Heritage Church of Christ began offering expensive group coverage to their staff. Remodel Health came in and was able to help Heritage lower the exposure for both the church and many of their staff members.
Unsustainable rate increased year after year.
Limited benefits for staff.
Solutions
Utilizing the Remodel Health platform, Heritage Church of Christ was able to . . .
Unlock tax credits.
Reduce the employees' healthcare spend.
Switch from a self-funded strategy to marketplace and share program plans.
Results
As a result, the organization was able to continue offering health coverage without sacrificing benefits or increasing costs for staff. Their unlocked tax credits amounted to $17,688 and they now have a total savings of $23,844.
Key wins
The church was able to save thousands on their annual healthcare costs, which enabled them to grow the church’s mission. Many employees also saw a decrease in their deductible and max out-of-pocket costs. The church was able to shift from paying over $62K on their previous plan for a staff of less than 10 to under $39K for their health benefits. Along with the savings, Remodel was able to offer the staff at Heritage additional benefits beyond what they were getting with their previous group coverage, including Teladoc, Critical Illness, Accident, Hospital Indemnity, and more!
LOWERED EXPOSURE
38% IN ANNUAL SAVINGS
ADDITIONAL BENEFITS
"Remodel worked for us! As we approach renewal time, we like that we can take a fresh look at the church's portion and adjust it if we need to."
- Jim Hackney, Executive Minister
