CUSTOMERS
We are not a broker. Instead, we work with you and your broker to substantially reduce the administrative costs in providing benefits to your employees by auditing your data, automating manual processes, and monitoring the ongoing administration of your benefits.
We seek to work with school districts that fit our basic profile for success:
- At least 1,000 full-time, benefits eligible employees
- Medical benefits with at least 75% of the cost paid by the District
- Clear support for innovative cost-reduction programs among District leadership
- Desire to manage all benefits functions in a single, secure, custom tailored system
Here are some stories on several large California school districts whose experience with the Monitor Benefits AIM system provided the impetus for our decision to begin rolling out nationally:
EDUCATION
Customer Case Study #1
A large urban school district saved $2.3-million in the first year alone on just its health care premiums (another $200,000 plus was saved on dental and vision premiums) – savings earned from the AIM Audit process. The attached article details some of the basic elements in the process and the willingness of all stakeholders at the District – the Board, the HR staff, the employees and the unions – to cooperate on a program that provides major cost savings without requiring any other changes in benefit structures.
FROM: Oakland Tribune -- Oct 27, 2005
Audit: Oakland schools paid unmerited benefits
Alex Katz, STAFF WRITER
OAKLAND -- The Oakland school district paid for health insurance last year for about 1,000 people who did not deserve it, results of an audit show.
According to the recent audit, the district spent more than $2 million last year alone on health insurance for employees' former spouses, employees' children who had turned 18 and other dependents who were no longer eligible for benefits.
In one case, a teacher's ex-wife received coverage for about 14 years, despite the fact that the teacher told the district he was divorced, teachers union President Ben Visnick said.
District officials said the audit was a routine -- if overdue -- effort to track down dependents of employees who were not eligible for coverage …
Officials said the audit saved about $2.3 million.
Customer Case Study #2
A large suburban school district utilizing a statewide health plan provider saves almost $400,000 on its medical premiums in the first year – savings earned from the AIM Audit process.
Savings from the Audit process provided immediate financial return for the District’s investment of time to get the system operational and provided a proving ground for the HR staff to get comfortable with the ability of an integrated system to make them more effective in their work.
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