🎉 Congratulations to Doug Morgan and McConnell & Associates!
Back in 2013, Doug saw the potential and made the strategic move to leave the traditional fully insured model behind and join the ParetoHealth community.
Since then:
✅ Hundreds of thousands saved
✅ Predictable, stable costs
✅ Full claims transparency for strategic decision-making
✅ No more carrier churn
✅ A turnkey implementation that worked smoothly for HR and Finance
And the best part? More than a decade of stability and healthcare spend savings.
Doug’s story is a powerful example of what’s possible when organizations shift from a reactive to proactive approach.
Hear from Doug and imagine what’s possible for your organization.
#ParetoHealth#HRLeadership#BenefitsStrategy#OnTheRightSideOfTheFight
We joined in 2013. The primary reason was is every year, every other year we would have to change insurance carriers and or change our plan to keep the premiums down for our employees and a lot of times that match switch doctors. My name is Doug Morgan. I am the Chief Human Resources Officer at McConnell and Associates. The 12 years we've been here on the network stay the same and there's a lot of stability and our premiums are consultant does look at what the traditional market would be for us every year. And with his reporting, we can learn that we've saved hundreds of thousands of dollars in premiums. We're able to see where we're spending money on claims and so we're able to develop different programs, different cost containment programs that can help us reduce those spins. We did have an employee with hepatitis. He was cured with that in 3-4 months with a prescription, was a very expensive prescription, happy for the employee. But then the next quarter we received a rebate in excess of $10,000. So that was pretty nice. On the RX side, we do see a lot of them. Employees that have positive feedback as well as employees making good lifestyle choices and changes.
A great story and one of many I hear from those moving to the captive model - congratulations! Ask your advisor how a GAP strategy will further enhance your results and the employee experience!
Regional VP Southeast Wholesale Markets | Trusted Advisor to Employers, Brokers & General Agents | U.S. Navy Veteran, Submariner
1moA great story and one of many I hear from those moving to the captive model - congratulations! Ask your advisor how a GAP strategy will further enhance your results and the employee experience!