Communications and union assistance

Specific Client Challenge

County Benefit Alliance in need of coalition management, benefit cost savings, "road show" communications and union assistance.

VFBC Consulting Analysis and Recommendations

VFBC conducted an in-depth procurement for Medical, Rx and Wellness programs.

Including proprietary analysis of:

• Network access and discounts (re-pricing actual claims)
• Aggressive performance guarantees and plan metrics
• Competitive pricing and funding options with multiple year rate guarantees
• Strong ROI methodology for wellness performance
  • We created a self-funded prescription drug coalition, contracting directly with a Pharmacy Benefit manager (PBM) that currently includes over 12,000 members.
  • Our communications staff designed multiple “employee friendly” benefit websites.
  • VFBC participates in benefit “road shows” each quarter, where we communicate programs to both employers and employees.

Employer Decision

• Employer implemented programs with selected vendors based on: financial savings, little employee disruption and assistance with union buy-in

Client & Employee Results

• Employers participating in these programs have experienced cost increases on average 50% of national norms.
• Fixed costs, i.e. fees, rates, Rx terms etc. were reduced in excess of 25%
• ROI from wellness initiatives are being realized in the form of fewer large claimants and trend figures below norms