Straight From the Horse's Mouth: Employer Success Stories - Part 1

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Gravie has a track record of helping employers offer competitive benefits, save money and eliminate hassle. But don’t just take our word for it. Here's part 1 of 3 success stories from businesses like yours that made the switch to Gravie.

Success Story #1: Top Tier Benefits at a Sustainable Cost

In the growing field of technology consulting and software development, competition for talent is fierce. Offering generous benefits is one way to attract and retain the industry’s brightest employees, but for Minneapolis-based firm TEN7, it just wasn’t feasible. Luckily, Gravie was there to provide an alternative solution.

Ivan Stegic, founder and president of TEN7, wanted to give his employees access to affordable options. With Gravie, Ivan was able to allocate additional income to each employee that was automatically reflected in his or her Gravie accounts. The employees could then use this additional income to purchase a health insurance plan of their own. They can also buy dental insurance, vision insurance, supplemental medical insurance, and/or contribute to a health savings account (HSA) using Gravie’s intuitive online platform. (Want to see what the shopping tools look like? Take a tour.)

By using Gravie’s services, Ivan is able to help employees purchase health insurance in a way that’s both affordable and sustainable for the company. As a company on the cutting edge of technology, it was appealing to him to work with a company that was also at the forefront of its industry, and use technology to help provide something critically important for TEN7's employees. To boil it down, the company had several distinct challenges and Gravie helped solve all three: 

Problem:

  • Need best-in-class benefits to attract top tier talent
  • Group model not cost feasible
  • Small, tight-knit team needed cultural fit

Solution:

  • Move to individual market, work with Gravie to select plans that are the best fit for each individual employee
  • Gravie administers a flat stipend on top of employee salaries
  • Great cultural fit

Stay tuned for Gravie as Told Straight From The Horse’s Mouth — Parts 2 & 3. In the meantime, email us at [email protected], call us at 844.540.8701, or tweet us @gogravie.

Topics: Employers, Individual Health Insurance, Health Insurance, Gravie, Reducing Costs, Employee Benefits

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