ALEX Case Studies
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- 98% of surveyed employees found ALEX’s medical insurance module to be helpful.
- ALEX reduced Adobe’s ACA tax liability by $4.7 million (in real American dollars)
- 12 Open Enrollment informational meetings eliminated
- 739 unique ALEX visits for 700 employees
- ALEX helps AEO get the same benefits message to all of their employees across the country.
- 99% of surveyed AEO visitors found the medical insurance module to be “Extremely,” “Very,” or “Somewhat” helpful, and open-ended comments from employees included rave reviews.
Anonymous CPG Company
- 71% of employees enrolled in the higher deductible HSA in Year 1.
- 80% of employees enrolled in the higher deductible HSA in Year 2.
- 77% of employees surveyed say they better understand their benefits
- There was new migration activity into an existing HDHP
- Baylor College of Medicine eliminated the need for time-consuming live orientation meetings, allowing for more flexible hiring practices
- New hires can now complete their benefits orientation at their convenience—and many do so before their start date
- 98% of surveyed employees found ALEX’s medical insurance module to be helpful.
- 30% increase in FSA participation
Construction Services Firm
- 68% of employees enrolled in the new HDHP with HSA (versus projected 35%).
- 100% of surveyed employees say they now have a better understanding of their medical benefits.
Entertainment And Technology Company
- Company-wide increases in HDHP enrollment.
- 83% of surveyed employees say they understand their benefits better.
- 85% of surveyed employees say they have a better understanding of their benefits
- HDHP enrollments more than doubled from the previous year.
- Ferguson could consistently communicate the benefits of their new CHDP plan to 23,000 employees across 1,400 locations
- Ferguson employees could see if the new plan would save them money—which it did (77% of the time across over 17,000 visits)
- 88% of surveyed employees say they have a better understanding of their benefits
- 78.4 % of employees enrolled in the HSA plan (3.8% went with the copay plan, 18% waived coverage)
- Only 12 employees (out of 329) decided to enroll in the traditional co-pay plan.
- Hendrick Health Systems saw a huge increase in Financial Wellness participation—up to 500 employee visits per quarter (1,500%+ improvement over in-person sessions)
- 81% of surveyed ALEX participants said they were ready to make a positive financial change
- 50% enrollment in the HDHP with HSA in its very first year
- Exceeded first-year enrollment goals by 150%
- Employees’ benefits-related questions dropped by over 50%
- Benefits team gained back 120-140 hours a year spent planning and organizing fortnightly new hire orientation meetings.
- 90% of Medtronic employees used ALEX and received a personalized benefits recommendation
- 97% of surveyed employees found ALEX’s medical module to be helpful
Midwest Manufacturer
- 33% migration from PPO to HSA
- Nearly $90,000 in savings in premium costs
- Enrollment rates for the HSA were twice what the benefits team had projected
- 97% of surveyed employees found ALEX’s medical insurance module to be helpful
- 96% of surveyed users found the explanation of the medical plans helpful
- 95% of surveyed users found the tax savings explanation of HSAs to be helpful
- 100% of surveyed employees found ALEX’s medical plan explanations to be helpful
- 96% of surveyed employees found ALEX’s whole medical insurance module to be helpful
- The benefits team saw 200 fewer phone calls during open enrollment
- 86% of surveyed employees said they understood their benefits better
- 99% of surveyed employees found ALEX’s medical insurance module to be helpful
- 98% of surveyed employees found ALEX’s tax savings module to be helpful
- 80% enrollment in the new HDHP with HRA
- 10% overall cost savings for Star Group
- The volume and length of benefits-related phone calls the PWCS benefits team received dramatically decreased
- The team’s summer hiring and benefits orientation period was far less time-consuming and exhausting
- 50% increase in HSA enrollments
- 82% of surveyed employees say they understand their benefits better