“image Case Study: FBMC Saves A Georgia City $218K - FBMC Benefits Management, Inc.
Case Study: FBMC Saves A Georgia City $218K

June 1, 2023

The Situation

A city in Georgia knew they had high cost claims issues, and budgeted for a 50% increase in November for their February 1, 2023 health insurance renewal. However, two weeks before Christmas, the city was blindsided by an 80% increase in premiums. They already set their 2023 budget and would have to cancel other funded projects to retain the fully insured plan.

The Solution

FBMC Benefits Management, Inc. quickly gathered and assessed the available data from the client
(which included zero claims history since they were under 100 employees on plan), and reached out to our fully-insured and alternative-funded markets for alternative plans. Working through the holiday period with some of our key partners, FBMC was able to develop and recommend a self-funded plan that matched current coverage and was within their budget for 2023 – at a savings of $218K under their renewal rate.


Working diligently through the holiday season, FBMC’s team collaborated with its partners, and in record time, built an alternative ­funded plan that saved the client $218,000 – allowing the city to not only retain a health plan with similar coverage, but also remain within its budget. This avoided the need to cut other funded programs for the City. All of FBMC’s partners also agreed to implement the city’s plan at double the pace to make it happen. The program went live on Feb 1.