Case Study - Leading Electrical Cable Producer
BUSINESS CHALLENGE For the past 14 years, Amwins has administered a contributory employer sponsored retiree healthcare program for a particular client. The client only offers this subsidized healthcare program to a small group of grandfathered retirees. Since the subsidized healthcare program is only offered to this small group of grandfathered retirees, hundreds of non-grandfathered...
Blog - Voluntary Retiree Healthcare
RISK-FREE RESOURCE Baby Boomers are aging into retirement at a rate of more than 10,000 per day and many are not prepared to make the proper retiree health decisions they will face. The AmWINS Group Benefits voluntary retiree healthcare program can provide your employees with a valuable resource providing choice and expertise to help them secure proper medical and prescription drug insurance when...
Case Study - Mid-Western Municipality
Business Challenge A large Mid-Western municipality needed to change its retiree benefits program due to serious financial challenges including rising retiree health care costs and major deficits in unfunded liabilities. The municipality elected to move to a defined contribution model in a private exchange environment with a stipend to offset retiree health insurance costs. Shortly after,...
Case Study - Oil Industry Giant
Business Challenge An oil industry giant was saddled with administrative headaches as a result of sponsorsing multiple self-funded retiree benefit plans. The accumulation of plans, due to acquisitions, union negotiations and grandfathered status, combined with the ERISA responsibilities, audits, actuarial work, FASB calculations and provider contracts was extremely inefficient, taxing...
Case Study - National Paint Retailer
100+ year old National Paint and Finish Retailer Transitions 780 retirees to AmWINS’ Retiree Benefit Choice™ Program Business Challenge A national paint retailer with a reputation for creating a positive workplace and quality benefits package was interested in increasing costs. The company was adamant that retirees experience minimal disruption during the transition, specifically surrounding...