Case Study: Morgan Creek Capital Management improves employee benefits and reduces healthcare costs with HealthJoy

Morgan Creek Modernizes Employee Benefits with HealthJoy

Morgan Creek Capital Management, an investment and financial services firm, faced the challenge of rising healthcare costs and low employee engagement with their existing benefits technology. Their previous solution, which included telemedicine, failed to deliver a significant return on investment. Seeking to better contain costs while providing a robust benefits package, they partnered with their new broker, who introduced them to HealthJoy.

HealthJoy provided an integrated platform that offered personalized healthcare navigation, including cost-saving tools for prescriptions, telemedicine, and provider referrals. This solution led to dramatically higher engagement, with nearly 80% of employees activating their accounts and over 30% logging in monthly. The implementation resulted in substantial savings, estimated between $78 and $115 per employee per month, which was 50% more than their previous tool achieved in a third of the time.

Morgan Creek Capital Management

Nick Taylor

Chief Financial Officer