Case Study: Leaders Furniture achieves predictable health benefit costs with Thatch

Offering Thatch is smarter and more predictable for us

Leaders Furniture, a retail company based in Florida, was facing significant challenges with its employee health benefits. After being hit with a projected 50% premium increase and new limitations from its reinsurer, the company needed a more predictable and flexible solution. Their broker introduced them to Thatch, a modern healthcare benefits platform, to address these rising costs and lack of choice.

By implementing Thatch, Leaders Furniture transitioned to a system where it provides employees with a fixed monthly allowance to choose their own plans on the individual market. This solution from Thatch delivered immediate financial benefits, allowing the company to maintain its 2024 coverage levels despite the threatened rate hike. The results included predictable costs, optimized budget use, and significantly higher employee satisfaction due to expanded choice and flexibility.

Leaders Furniture

David Duncan

Administrative