Case Study: Rocketmiles Reduces Benefits Costs and Eliminates Administration Errors with Launchways

Rocketmiles Reduces Annual Benefits Costs by 7%, Eliminates Benefits Administration Errors, and Improves Benefits Offering with Launchways

Rocketmiles, a fast-growing Chicago-based travel rewards company, needed a more strategic approach to employee benefits as it approached the 100-employee mark. With little visibility into plan performance, inconsistent benefits administration, and compliance gaps such as premiums still being paid for former employees, Rocketmiles turned to Launchways for benefits brokerage and administration support.

Launchways audited and cleaned up Rocketmiles’ benefits program, removed unnecessary premium costs, outsourced STD and FMLA administration, added voluntary life and AD&D coverage, and implemented a high-deductible health plan with an HSA plus better reporting. The results included eliminating benefits administration errors, reducing liability, improving employee offerings, and saving Rocketmiles 7% on its health insurance renewal, including about $70,000 in annual savings from negotiated rates.

Rocketmiles

Chris Stone

Head of People