As you know, Boston Light Source enlisted BBI’s services just prior to our insurance carriers’ renewal period. We wanted an honest assessment of our current plans and suggestions on how to offer our employees the best benefits package without imposing any financial strain.
After two meetings you presented us with a portfolio of alternative plans compared to our current one. Each plan presented in a clear and consolidated manner with just the facts for us to analyze. The amount of time you saved us is undoubtedly one of the biggest advantages to using your services. Other advantages include:
- Alternative plan designs offering a wide range of choices and alternative funding approaches.
- Preventing our old carrier from raising our rates an additional 10% because our growing company exceeded the maximum number of employees allowed.
- Moving a Principal from a very expensive supplement program to a better, lower-priced plan that cut his personal cost by more than $5,700 a year.
- Moving the company to a plan that was 4% less than our renewal.
- All changes were facilitated quickly and efficiently by your team.
We consider the plan changes to be a success and you continue to be our go-to with any questions that come up. Your services are ongoing with free COBRA administration and access to an online HR database tailored to our company. You and your team are knowledgeable, accessible, and a pleasure to work with. Thank you.