A more efficient health plan through uncovering cost drivers
Per Employee Per Year (PEPY)
with Bywater preferred bundle
Annual pharmacy savings
with TrueRx and SHARx
Additional savings with
Rightway (8.9x ROI)
Thomas Automotive, a family-owned group of automotive dealerships, was looking for a better health plan solution. The business had no insight into what drove their healthcare costs. Seeking greater control over their plan and wanting to rein in costs for their employees, the group turned to alternative funding models.
Thomas Automotive partnered with Roundstone to create a self-funded plan for 114 enrolled members. They chose a preferred bundle with Bywater as their third party administrator (TPA) to optimize their Per Employee Per Year (PEPY) cost.
Bywater offered the right expertise to be the best choice, specifically:
At Thomas Automotive’s first renewal, the Roundstone team identified additional cost containment solutions to manage costs. This analysis into their claims allowed the group to make informed decisions about which partners were right for them, including:
Sourcing solution for high-cost prescription drugs
A digital wellness and telehealth platform
We’re helping businesses change self-funded health insurance for the better. Contact our team to get started on a quote today.
