Cost Management

Are we managing the cost of benefits or is it managing us?

Providing employee benefits is the second or third largest expense for most companies. Medical trend is a reality, but that doesn’t mean you should be forced to accept the skyrocketing cost of your benefits year after year.

At Virtus Benefits, we put you back in control. Through a benefit and claims analysis, price benchmarking and innovative plan designs and funding, we create an employee benefits strategy that favorably impacts your bottom line. Whether it’s an initial bid
solicitation or a renewal negotiation, we leverage our inside experience and aggressively manage the cost of your benefits. Consider the results:

  • For the past five years, the average annual premium increase for our clients has been less than half the industry average.
  • The final negotiated offer to our clients has averaged 70% less than the initial renewal from the carriers during the past four years.