compass revolutionizes healthcare again— the … 2012, compass saved the container store...
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PROFESSIONAL HEALTH SERVICES
Compass Professional Health Services
800.513.1667 | [email protected]
Compass Revolutionizes Healthcare Again— THE CONTAINER STORE Gets RESULTS
Since the program inception, The Container Store has achieved:• Claim cost savings of $1,081,071
2
• Medical bill review savings of $124,969 with an average out-of-pocket savings of $365.40 per person. ROI of 2:1 on bill reviews alone
• 7,866 hours of employee time saved which translates to a productivity cost savings of $275,3113
• 46.5% Engagement
In 2012, Compass saved The Container Store $1,356,3821
Compass SolutionThe Container Store engaged Compass for a six month pilot program for all full-time employees in their Dallas/Fort Worth stores, distribution center and home office who were enrolled in medical, dental or vision benefits. Compass was committed to this pilot program's success. As a team, The Container Store collaborated with Compass to create a customized communication plan to effectively introduce this program to area employees.
SuccessFollowing the very successful pilotprogram, The Container Store began offering Compass to all full-time employees across the country that were enrolled in company medical, dental or vision benefits.
To ensure its continued success, The Container Store provides ongoing communications about the benefits of Compass through various channels. However, word of mouth has dominated because of the savings employees are realizing.
Background
50.00%
40.00%
30.00%
20.00%
10.00%
0.00%
46.50%
5-10% INDUSTRY AVGTCS
Employee Engagement Rate*
The Container Store is the original storage and organization company specializing in home and office organization solutions. Being an “employee-first” company, they strive to offer the most comprehensive and impressive employee benefit packages possible to both attract and retain high performing staff.
“Thanks for keeping $1,750 in MY pocket!!!!”
“You have saved me SOOO much time and aggravation.
I cannot thank you enough.”
“Thanks for all of your help! Really made
things easier for me to understand, and gave
me time back in my day to work.”
“You have no idea how much I love Compass!
Your company truly makes stressful issues so much
easier, especially for those of us who do not have a
lot of extra time on our hands.”
“The unbelievably positive feedback we received from employees was the fuel needed to roll the program out to the rest of our full-time employees enrolled in our benefits, from coast to coast.” - Renee Morris, The Container Store Benefits Director and HIPAA Privacy Officer
1 Calculated total savings based on standard Compass calculations2 Claim Cost Savings represent the expected savings for a solution at the time of the service3 Productivity Cost Savings based on average wage of $35/hr* Engagement is the percentage of full time employees enrolled in medical, dental or vision plans who have contacted Compass at least once.