Issue
A university with over 15 athletic teams was struggling with rising insurance premiums under its previous provider. These challenges underscored the need for a proactive and strategic approach to control costs while maintaining quality care for student-athletes.
Solution
We implemented key policy changes and strategic negotiations, including:
- Centralized Employee Management: Uninsured and underinsured student athletes were driving high claims costs. We introduced a structured program mandating coverage from approved insurance providers and verifying valid policies, reducing financial risks for the university.
- Intuitive Interface: A user-friendly dashboard for quick data access and reporting.
- Document and Certification Management: By leveraging better pricing agreements for evaluations, treatments, rehabilitation, and physicals, we secured additional cost savings while improving access to care.
- Mobile Access: Our approach streamlined claims management and reduced administrative burdens, allowing the department to focus more on athlete support.
- Expedited File Transition: Streamlined document collection and onboarding, minimizing delays in the system transition.
Outcome
Through a well-advised plan the university was able to see measurable savings since 2017, including:
- 20%+ reduction in total costs, including premiums and administrative expenses
- Strengthened partnership with the university’s primary health provider through an established rate agreement
- Ongoing cost sustainability through continuous policy and procedure adjustments
| Company Information | |
|---|---|
| Industry | Higher Education – Athletics |
| Entity Type | Private University |
| Governing Body | NCAA Division 2 |
| Geographic Footprint | Southeastern United States |
| Student Population |
4,608 |
| Number of Student Athletes |
425 |
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