Professional Firm
Case Study: Design-Build Engineering Firm Transforms with Zoop Benefits
Before Zoop Benefits
The design-build engineering firm, despite its success, faced significant challenges in providing competitive health insurance to its 19 employees. The rising costs of health insurance, exacerbated by the Affordable Care Act, were putting a strain on the company's budget. The firm was experiencing double-digit premium increases year after year, making it difficult to attract and retain top talent in a competitive market. Additionally, the existing health insurance plan offered limited coverage with high deductibles and copays, leading to employee dissatisfaction and financial burden.
Zoop Benefit Enrollment
Recognizing the need for a change, the firm decided to explore alternative options and discovered Zoop Benefits. Zoop offered a unique solution that addressed the company's pain points. Out of the 19 employees, 18 were eligible for Zoop Benefits. The only ineligible employee was already maximizing their exemptions, but they expressed interest in adjusting their situation to qualify for Zoop in the next pay cycle.
“I am so grateful for the Zoop benefits. The zero copays and deductibles have made a huge difference in my financial well-being.” - Employee
After Zoop Benefits
The implementation of Zoop Benefits brought about a transformative change for the engineering firm.
Comprehensive Coverage: Employees now enjoy world-class benefits with zero copays and deductibles on the most frequently used health insurance services.
Cost Savings: The firm has experienced year-over-year decreases in healthcare utilization, leading to significant cost savings.
Premium Stability: The annual increases in health insurance premiums have been halted, providing financial stability and predictability.
Enhanced Benefits: With the annual savings of $8,500, the company has been able to add additional insurance tools, further enhancing the overall benefits package.
Employee Satisfaction: The improved benefits package has boosted employee morale and satisfaction, contributing to a positive work environment.
“Zoop has been a game-changer for our company. We are now able to offer our employees world-class benefits that rival those of much larger firms.” - HR Manager
Conclusion
The partnership with Zoop has been a resounding success for the design-build engineering firm. By providing comprehensive and affordable benefits, the firm has been able to attract and retain top talent, improve employee satisfaction, and achieve financial stability.
The success story of this engineering firm highlights the positive impact that innovative healthcare solutions like Zoop can have on businesses of all sizes. By prioritizing employee well-being and financial security, companies can create a thriving workplace and achieve long-term success.
