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Client #4
North Jersey aviation Management Company with 900 employees and locations in NJ, TX, FL, MA, and IL.
Challenges
- Acquisition of 900 employee Mid-West aviation company
- Determining benefit structure for new corporation
- Educating new employees to new benefit structure
- Managing the overall cost of entire benefits package
Action
- Spent 1.5 weeks in St. Louis analyzing acquisition’s benefit plans, networks
and cost structure
- Prepared a detailed cost vs. cost; benefit vs. benefit analysis
- Enrolled 900 new employees into existing medical and dental plans
- Renegotiated the life and disability plans for acquisition
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Results
- Saved the organization over $600,000 by moving the 900 employees onto the acquiring company’s medical and dental plan
- Accomplished all the analysis, new plan education and enrollments flawlessly in
under 2 months
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