Case Study
Health plan savings fuel reinvestment, transformation of employee wellness, and education programs
$21.5 million
total savings between 2017-2024
$3.99 million
average savings per year
$1,784.00
average savings per employee per year
2019 Faces of Philanthropy
Honor from the Philadelphia Business Journal
2019 Health Benefits Innovations Award
Recognized for innovative solutions improving employee health and wellness from the Greater Philadelphia Business Coalition on Health (GPBCH)
A non-profit population health management and community care provider’s employee population had high health risk factors for a range of chronic illnesses but lacked equitable access to healthcare.
The Challenge
The employer saw an urgent need to close-the-gap in access to care and increase benefits for their employees – but funding posed serious limitations.
The Homestead Approach
By switching to a Homestead RBP plan, it allowed the employer to offer a more generous health coverage and reinvest the savings in comprehensive employee wellness, development, and support programs.
Results and long-term impact
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Generated $21.5 million in health plan savings over seven years. By transitioning to a Homestead RBP plan, the organization reduced healthcare spending by an average of $3.99 million while maintaining access to quality care.
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Expanded benefits without increasing financial burden. Savings of more than $1,784 per employee per year enabled the employer to enhance health coverage and improve healthcare accessibility for a workforce with significant chronic health risk factors.
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Reinvested savings into employee wellness and development. Cost reductions funded comprehensive wellness, education, and employee support initiatives, helping strengthen workforce health, engagement, and long-term organizational sustainability.
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Earned industry recognition for innovation and community impact. The organization’s success earned Homestead regional recognition for advancing employee wellness through innovative benefits design and strategic reinvestment of savings.
Annual Costs and Savings
Over 7 years, the employer achieved $21,452,684 in savings with Homestead RBP compared to a traditional PPO approach.
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