With Gilsbar's 360˚ Approach to Benefit Plan Management, No Crystal Ball is Needed

Gilsbar, Inc., a leading third party administrator and insurance services provider, developed a service delivery model (360˚ Benefit Plan Management SM) two and a half years ago that removes the barriers to controlling healthcare costs for employers. This thought-leading approach is resonating throughout the country as proven by Gilsbar's record setting growth over the last 12 months.

This, coupled with the appropriate incentive-based plan design and an aggressive and sustained focus on employee engagement will keep healthcare costs in check and employee productivity up.

Covington, LA (PRWEB) January 7, 2008 -- Gilsbar, Inc., a leading third party administrator and insurance services provider, developed a service delivery model (360˚ Benefit Plan Management SM) two and a half years ago that removes the barriers to controlling healthcare costs for employers. This thought-leading approach is resonating throughout the country as proven by Gilsbar's record setting growth over the last 12 months.

Rob Nielsen, Managing Director at Mesirow Financial in Chicago, remarks, "Gilsbar was the first TPA in the nation to fully integrate wellness and the management of all risk levels, health plan administration, and employee engagement into a holistic strategy. Their clients will and are reaping the rewards. They even practice what they preach as proven by the way they manage their own 310 life population: flat healthcare costs since 2002, RX costs 19 percent less, Workers' Comp claims down, sick days decreased by 70 percent, and they now have a much healthier workforce. This type of achievement is the goal of brokers and their clients and one which Gilsbar has brought to the forefront of the health benefits market."

Doug Layman, Gilsbar's Executive Vice President and Chief Sales and Marketing Officer, attributes Gilsbar's success to its relentless pursuit to help employers reduce costs rather than "contain" something that is already out of control. In a recent edition of Best Practices in HR, Layman stressed the importance of building a culture of health by focusing on Lifestyle Management programs that affect the physical, mental, and financial well-being of employees and their families. He adds, "This, coupled with the appropriate incentive-based plan design and an aggressive and sustained focus on employee engagement will keep healthcare costs in check and employee productivity up."

Gilsbar's vision is clear and its compelling message strives to develop more astute healthcare consumers while offering employers the answers they need to take control of future healthcare spending. Over the last decade, employers have been looking at fees and hospital discounts to control costs. This strategy has resulted in a 59 percent increase in healthcare costs for employers over the last six years (2007 Towers Perrin Cost Survey). If that "unit cost" mentality does not change, then employers should not be surprised when this upward trend continues. It's not by chance that Gilsbar's focus on the consumer and total population health has resulted in its most successful year in the company's 50 year history.

As a leading provider of health benefit administration services, Gilsbar holds valued relationships with brokers and employers nationwide. Fostering these partnerships for nearly 50 years, their integrity, stability and focus is ever-present in an industry that is constantly changing. Gilsbar's responsive service, comprehensive technological solutions, fully-integrated medical management program and commitment to client satisfaction are some of the many qualities that define their 360˚ Benefit Plan ManagementSM service for self-funded employers. Visit www.gilsbar.com or call 1-800-445-7227 Ext. 588 to find out how 360˚ Benefit Plan Management SM can transform your company or organization's benefit plan.

Press Contact:
Sharon Landry, Communications Coordinator
Gilsbar, Inc.
Direct: 985-871-1885
Email: SLandry@gilsbar.com

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