Greater control over healthcare spending without compromising employee benefits
Savings in year one through pharmacy optimization
Increase in costs for employees
Bogart, a national security services company supporting the U.S. intelligence community, has long prioritized employee well-being—covering 95% of healthcare premiums for its workforce. But when the company was hit with a 45% increase in healthcare costs, leadership faced a difficult challenge: how to maintain a generous benefits package while regaining control over rising healthcare expenses.
Bogart implemented the Roundstone captive to gain greater transparency and control over their healthcare plan for 133 enrolled members. As part of their strategy, they partnered with ServeYouRx as their pharmacy benefit manager (PBM), which unlocked a variety benefits, including:
Within the first year of implementing their new strategy, Bogart achieved significant cost savings while maintaining their commitment to employees. By combining innovative pharmacy strategies with the flexibility of a self-funded captive, Bogart transformed a challenging cost trajectory into a more sustainable and controlled healthcare plan.
Sourcing solution for high-cost prescription drugs
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