Case Study: Crossroads avoids a $943K renewal increase with Thatch

Crossroads avoids a $943K renewal increase with Thatch

Crossroads, a healthcare company with over 100 centers, faced a steep 25% renewal increase on its fully insured group health plan. To address this challenge, they worked with their broker and the vendor Thatch to find a new approach to providing employee health benefits.

Thatch implemented an employee health budget model, which took renewal pricing out of Crossroads' own claims history. This solution avoided a $943,000 renewal increase and lowered the cost per enrolled employee by 21%. Employee participation grew from 51% to 59%, and employees gained more plan choice and access to dedicated support from Thatch.

Crossroads