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October 25, 2014
  UnionActive Newswire  
 
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Updated: Oct. 24 (22:03)

Florida Mid-Term/Early Voting Locations & AFL-CIO Endorsed Candidates
TWU Local 568
Labor Endorsed Candidates
Teamsters Local 568
Local Union 767 and Zodiac Seats US ReachTentative Agreement
Teamsters Local 767
In Case You Missed It
Teamsters Local 355
Will-Grundy Central Trades and Labor Council and Will-Grundy Building Trades Election Endorsements
Teamsters Local 179
Election results
Communications Workers of America Local 1107
 
     
Premium Management Strategy

Reduce Healthcare Costs by 20% to 30% and Increase Benefits

“The unsustainable cost of healthcare will undermine the economic security of workers and retirees and place enormous strain on government budgets” – Social Security Board 2009

  • What are your plans for rising healthcare costs and retirement liabilities?
  • What is your next step for the 7-10% healthcare increases predicted in the coming year?

The AEGIS Premium Management Strategy (PMS) cost cutting solution will reduce healthcare costs, increase benefits, insure government compliance, and eliminate fraudulent claims; simply an innovative and effective way to save dollars to the health and welfare fund through a unique savings and management strategy of the healthcare dollar.

Key Benefits

  1. No Financial Risk – Aegis Cost Containment Solutions is paid on a percentage of savings.  No Savings.  No Cost
  2. Minimal Administration – Aegis Cost Containment Solutions will handle all administration, communication, data collection, enrollment, and claims.
  3. Flexibility – Plan designs and insurance carriers are not affected.  Implementation can begin any time of the calendar year.
  4. Member is Not Negatively Affected
    • Participants have equal or less contributions
    • Participants have no or minimal out of pocket expenses
    • Reimbursements processed promptly
    • Participants have no reduction in benefits
    • Participants have equal or better coverage
    • Current plan designs do NOT change

Aegis PMS Example:

Without Program

With Program

Savings

Existing Plan

$10,000,000

Year 1

$10,700,000

$9,000,000

$1,700,000

Year 2

$11,449,000

$9,630,000

$1,819,000

Year 3

$12,250,430

$10,304,100

$1,946,330

Year 4

$13,107,960

$11,025,387

$2,082,573

Year 5

$14,025,517

$11,797,164

$2,228,353

Notes:

Number of Members – 1000

PMS Participants – 100

Healthcare Costs Increasing at 7%

Savings per Participant = $10,000




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