About this episode

This episode discusses Wynden Stark's transformation to a self-funded health plan, highlighting strategies and savings achieved over five years.

In this special episode of The Business of Benefits, we pull back the curtain on a real-life, multi-year healthcare strategy transformation. Join our hosts as they sit down with Connie Alvarez, Director of HR at Wynden Stark, to dissect the five-year journey of their self-funded health plan. This is a masterclass for any employer feeling trapped by rising premiums and lack of control. We explore the highs, the lows, and the unexpected curveballs—from navigating mergers and acquisitions to tackling the complexities of a fluctuating workforce in the healthcare staffing industry. Discover how Wynden Stark, with the guidance of Ethos Benefits, moved from a fully insured model to a custom, unbundled, self-funded plan, achieving over $3.7 million in savings in just two years. This case study reveals the power of a fiduciary approach, the critical role of data in negotiations, and how to build a plan that delivers both financial results and a superior member experience. If you want to learn how to take back control of your healthcare spend and become a true steward of your company’s benefits, this episode is a must-listen. What You’ll Learn The 5-year roadmap from a fully insured plan…

People in this episode

Guest: Connie Alvarez

Topics covered

• healthcare strategy transformation
• self-funded health plan
• cost savings
• employee benefits
• data-driven negotiations

Keywords

• healthcare
• self-funded plan
• cost control
• Pharmacy Benefit Manager
• employee benefits

Mentioned in this episode

Organizations: Wynden Stark, Ethos Benefits

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