Employers

HealthEquity Success Stories




Bloomington Public Schools

Industry:
Challenges:
Public education
Health care premium trend was spiking 19% and
16% from the previous two years
Costs had to be contained or benefits would have to be reduced

“Before, we were just concerned with how to reduce costs. Now, with the money we’ve saved, we can focus on making the plan even better.”
–Bruce Pappas, Executive Director of HR, Bloomington Public Schools

Full Bloomington story (PDF)




Chrysalis

Industry:
Challenges:
Residential care services
Rising health care insurance premiums
Keeping employees happy
Changing employees’ health care habits

“The beauty of an HSA and HDHP is that it becomes a selfish system. People think harder about going to the doctor, because it’s going to cost them directly. They make smarter choices.”
–Rich Slack, chief financial and marketing officer

Full Chrysalis story (PDF)




Dow Corning

Industry:
Challenges:
Manufacturing
Decrease healthcare costs
Retain employee benefits
Obtain employee buy in

“A CDH [consumer-directed healthcare] approach does pay-off. The results are powerful. Going into 2010, our CDH premium rates stayed flat versus our traditional plans, which had more than an 11% increase.”
–Alan Hubbard, SVP and chief HR officer

Full Dow Corning story (PDF)




FranklinCovey

Industry:
Challenges:
Management consulting
Rising health care costs
Maintaining perceived value of benefits while lowering costs
Convincing employees consumer-driven health care (CDH) is a win-win

“Selecting HealthEquity was one of the best benefit decisions
we’ve ever made.”
– Todd Davis, Chief People Officer, FranklinCovey

Full FranklinCovey story (PDF)




Fremont Bank

Industry:
Challenges:
Financial services
External HSA administrator’s communication needed improvement
Administrator maintained unreliable records
Administrator was unable to fill service gaps in a timely manner

“Our partnership with HealthEquity has proven to be remarkably valuable to Fremont Bank’s associates, clients and client companies.”
– Ron Flaiani, Director of Financial Services, Fremont Bank

Full Fremont Bank story (PDF)




Regence

Industry:
Challenges:
Health insurance
Getting employees to take accountability
Convincing lower-paid employees of HDHP-HSA’s value
Shaky HDHP-HSA start with original administrator

“I wish HealthEquity could train other vendors how to achieve flawless implementation and provide stellar customer service.”
–Denise Johnson, human resources director

Full Regence story (PDF)




ON Semiconductor

Industry:
Challenges:
Manufacturing
Keep health care costs down
Expand employee options for lowering adjusted gross income
Improve service experience

“Because the services offered by HealthEquity were more robust and customer-service focused, we were willing to take the risk on a new vendor. Taking that risk really paid off for us.”
– Michelle Demetrius, SPHR, Compensation & Benefits Manager, NA, ON Semiconductor

Full ON Semiconductor story (PDF)




Teleflex Incorporated

Industry:
Challenges:
Medical devices and supplies
Low HSA participation
Lack of comprehensive service from original HSA administrator
Lack of employee engagement with health care choices

“…One of the most valuable pieces [of working with HealthEquity], among others, is the Member Services people who really understand the HSA, so when our employees go there, they get real answers and they don’t get put off.”
— Doug Carl, Director of Benefit, Teleflex

Full Teleflex Incorporated story (PDF)

     

USHealth Administrators LLC

  Industry:
Challenges:
Accident/health insurance
To show that a consumer-driven HSA-qualified health plan could work
and save money
To show employees that an HSA could work for them and save them money

“Not many companies can say costs were flat over a six-year period, but we can.”
Jan Fogg, Vice President of Human Resources, USHealth Administrators LLC

Full USHealth Administrators story (PDF)