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Success Stories

Moran Solutions

Companies With (50-200) Employees

Moran Benefits is helping middle sized companies reduce health benefits costs by 20-50% while increasing their benefits

Client Case studies

Members: 67
Industry: Bio Medical Company

This client had a tradtional group health plan with a $0 annual deductible, 0% coinsurance, low copays for office visits and prescriptions. The annual costs for this traditional program was $412,000 per year upon there 18% rate increase. The client paid 82% of the employees premium costs. We transitioned the company to a $5,000 deductible with $0 coinsurance. Since the employer paid 85% of the premium cost a MERP was the best solution for this client. We put together a specific plan document to keep the benefit design exactly as they had on the traditional program. We were able to reduce their premium costs from $412,000 to $222,000 per year. At the end of the year we calculated a savings of $94,000. We were also to give this company a tax deduction through the MERP program via Section 105 of the tax code. A tax deduction of $68,245 from their bottom line.

This company saved $94,000 per year, or 30%, on its annual health benefit costs, with an additional $68,245 write off for our client.

Members: 56
Industry: Exporting of High End Plumbing Supply

This client had a tradtional group health plan with three different options for their employees. The annual costs for this traditional program was $300,499 per year upon there 58% rate increase. The client paid 50% of the employees premium costs. We transitioned the company to a $5,000 deductible with $0 coinsurance. The client wanted to take advantage of the tax savings we could offer through the MERP program. We put together a specific plan document to keep the benefit design exactly as they had on the traditional program. We were able to reduce their premium costs from $300,499 to $98,976 per year. At the end of the year we calculated a savings of $132,000. We were also to give this company a tax deduction through the MERP program via Section 105 of the tax code. A tax deduction of $58,000 from their bottom line.

This company saved $132,000 per year, or 30%, on its annual health benefit costs, with an additional $68,245 write off for our client.