Case Study: Anuvu saves $1M on health premiums with SureCo’s ICHRA solution

How Anuvu Reinvested $1M in Premium Savings

Anuvu, a multi-national tech firm with 450 employees, was facing a 20% increase in its group health insurance premiums due to high claims. This threatened its ability to offer a competitive benefits package. The company needed an affordable solution that would control costs without compromising on the quality of care for its employees.

By partnering with SureCo and implementing its Individual Coverage Health Reimbursement Arrangement (ICHRA), Anuvu transferred its claims risk to the individual market. SureCo's platform empowered employees to choose their own plans while providing high-touch support. This solution saved Anuvu over $1 million in annual premiums. The company reinvested $400,000 of those savings into increasing its 401(k) match. The switch resulted in an 84.7% participation rate and an 80% employee approval rating for SureCo's service.

Anuvu

Misty Lundstrom

Sr. Director Global Total Rewards & Talent Acquisition