Steve Watson was shocked when he got a 30% rate increase a few years ago. As a CFO/CHRO at his company, he had to balance not only how to recruit and retain employees but also how to pay for the benefits each year. He decided to dive into the components of the plan and what he found made him even more shocked. He found a world of waste, misaligned incentives
, and frankly a plan that was set up for the insurance carriers to win and for the employer/employees to lose. So, Steve decided to rebuild his plan in a way that benefited both the employer and employees. With some small changes that didn't impact any of his employees, he was able to lower his costs by 20% for both the employer and all of the employees. Now Steve wants to share his story with you so you can replicate what he did.