Client Case Study
The Challenge
The client, a large Midwest manufacturer, provides health care benefits to over 8,000 Medicare eligible retirees. They intend to maintain the benefit promises, but were concerned about rising costs and the long-term stability of the program.
Solution Part 1
RDS Services, LLC and the client worked together to re-open prior year RDS applications. The goal was to recoup subsidy, therefore building program stability that allows the client to maintain retiree benefit promises.
Results
$2.6 Million
Subsidy increase
realized over 4 years
872 Retirees
On average identified as
additionally eligible for
each plan year reviewed
Solution Part 2
The client contracted RDS Services, LLC to provide ongoing management and oversight to their RDS Program. Because RDS Services, LLC had the tools and knowledge to manage the client’s RDS program, the ongoing administration and aggregation support would ensure that the client continued to receive the maximum subsidy available to them.
Results
16% Increase
On average in RDS
Program subsidy over a
2 year period.
$90/Retiree
Average subsidy
increase per retiree
(from $549 to $639 annually)
Why Plan Sponsors Choose Us
Since beginning our work with RDS Services, we have had nothing but great feedback. Everyone at RDS is a pleasure to work with and has put forth a concerted effort to make sure every one of our clients, both big and small, have the same experience and is able to attain every possible subsidy dollar that they were entitled to.
– Kevin Harrington, Principal, Planned Strategies, Inc.