Gilbert's Risk Solutions Case Study
Kirila Contractors, Inc. is a family-owned and operated organization headquartered in Brookfield, Ohio. Incorporated in 1962, Kirila Contractors, Inc. has provided construction services to the public and private sectors. They are comprised of dedicated, knowledgeable, and experiences employees covering all classifications in their industry. Kirila Contractors, Inc. strongly emphasizes Equal Opportunity Employment, a drug-free workplace, and a company safety program.
Kirila Contractors, Inc. was enrolled as a mid-size employer (51+) due to their union population. Coverage was offered through an Aetna Level Funded program. Under their previous broker, the current Aetna monthly premium rose from $32,285.53 to $43,292.68 due to an increase on the 4/1/2021 renewal. This 34.1% renewal increase was non-negotiable with Aetna even if census changes were to occur.
Once GRS became the agent of record, several significant changes were made. While the Aetna policy was renewed, GRS did a census review and market analysis. As a result of this plan evaluation, significant savings were achieved while retaining and in some cases, increasing the level of benefits offered to employees. GRS was able to reduce the monthly premium from $43,292.68 to $27,417.79, an approximate 36.5% savings. The total annual savings will be approximately $205,000 for a group of 24 employees enrolled in health coverage.
Kirila Contractors, Inc. is extremely happy with the amount of savings Gilbert’s has saved them. The overall cost of medical coverage has decreased significantly with no reduction in benefits. The new medical carrier is Anthem BCBS and out office has open enrollment meetings for the employees.
David Pringle
