Case Study: 23andMe improves employee benefits and cuts costs with Sequoia

How 23andMe Changed Their Benefits Package During the Pandemic

23andMe, a leading consumer genetics company, needed to upgrade its employee benefits package to remain competitive but was concerned about the complexity of transitioning multiple insurance carriers and managing the process with a remote workforce. They partnered with Sequoia for its healthcare benefit services and advisory expertise to navigate this challenge.

Sequoia conducted an in-depth evaluation of the existing benefits, providing clear cost structures and market benchmarking. They supported the entire transition process, including employee education through Lunch and Learn events and their mobile app's plan comparison tool. This solution resulted in significant annual cost savings of hundreds of thousands of dollars, enhanced benefit options for employees, and a smooth open enrollment with high employee satisfaction.

23andMe

Krizel Casanova

Senior Benefits Manager