Case Study: Bob Barker Company achieves $320K first-year savings with ParetoHealth

Bob Barker Company saves $320K in year one with ParetoHealth

Bob Barker Company, a family-owned manufacturing and distributor with 200 employees, was facing unsustainable 20% annual increases in its fully insured healthcare plan. The company wanted to move to self-funding but was concerned about the financial risk of catastrophic claims. Their consultant introduced them to ParetoHealth and its protected captive solution.

ParetoHealth provided a solution with its Risk Shield protections, including a rate cap and a No New Laser policy, which gave the company the confidence to self-fund. By implementing Pareto's solution, Bob Barker Company saved $320,000 in its first year alone, achieving 17% total healthcare savings while also simplifying the benefits experience for its employees.

Bob Barker Company