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Seminary in Ohio saves over $134,000.

Organization

United Theological Seminary

Market

Colleges & Universities

Size

488 Students
112 Employees

Location

Dayton, OH

Previous Plan

Traditional Group Plan

Challenges

United Theological Seminary is a graduate school of the United Methodist Church that continues education to prepare Christian leaders. Before Remodel Health, the seminary identified unpredictable and steep rate increases as a threat they were facing. UTS addressed this issue by searching for alternative healthcare options to create stability for the organization.

Faced 10-13% rate increases.

Spent over $400,000 annually on health benefits.

Solutions

Utilizing the Remodel Health solution, United Theological Seminary was able to . . .

Experience initial savings of $134,000.

Reinvest back into their employees.

Avoid healthcare rate increases.

Results

As a result, UTS was able to provide more coverage and plan options that best meet their employees’ health needs.┬áSince switching to Remodel Health, the organization has experienced significant savings when compared to their previous plan.

Key Wins

After switching from their previous plan, United Theological Seminary was able to save over $134,000 and has an estimated savings of $160,000 in the next year. Salaries and HSA contributions for employees were increased as a result of the savings that UTS experienced. With their group plan, UTS was facing a 10-13% rate increase. After transitioning to Remodel Health, the organization reduced this risk while providing better healthcare options for employees.

 

UP TO $134K IN SAVINGS

REINVESTING INTO EMPLOYEES

AVOIDED RATE INCREASES

By trusting Remodel Health's solution with their health benefits, United Theological Seminary was able to reduce risk and provide better benefits to their employees.

Want to see what savings and solutions are available to your organization?