How to imagine360 saved this employer 19% compared to traditional health plans

After having constantly experienced annual increases in health costs of health care with traditional health insurance, the Rollins antiparasitic wrestling company knew that it had to do things differently for its employees, according to Jamie Benton, vice-president of human resources of the company.

“We planned the design. We went to the Mercer exchange. We did all that. And then it would reduce the costs of a year, then they would return,” he said in a recent interview at the Business on Health conference.

Thus, in January 2023, the employer began working with Imagine360, an alternative health plan for self -funded employers. And according to an independent analysis published last week, the company obtains results for Rollins. The analysis of Axene Health Partners revealed that Imagine360 achieved 19% savings, or $ 7.7 million per year, compared to traditional health plans for Rollins. He also received a 90% satisfaction score and an acceptance rate for 99% complaints.

The report analyzed Rollins’ complaints from 2023 and compared it to the reference data of Axene Health Partners, which includes nearly $ 2 billion in health care claims to millions of members registered with commercial health plans.

How did I imagine360 get these results? The company offers assistance and plan administration. It contracts contracts with the best suppliers and health systems and provides individual support for members and billing problems.

In addition, he uses a reference -based pricing model to pay complaints. In this model, Imagine360 uses a reference like what Medicare pays for the service or the real cost of the procedure reported by the health care establishment, then adds profits in addition to this reference price. This is compared to the traditional pricing model of the organization of the favorite supplier used by insurers, in which costs are generally swollen. In fact, a recent study by Rand revealed that employers pay 254% of what Medicare pays for the same services in the same hospitals.

Rollins has around 20,000 employees in 47 states. Employees have the choice between Imagine360 or an organization plan for traditional privileged suppliers (PPO). In 2023, 46% of its employees were registered at Imagine360, and in 2024, this registration increased to 51%. With the savings it received from Imagine360, the company was able to reinvest in the health of its employees, for example by offering free primary care.

Benton expects the inscription to Imagine360 continues to increase in the future. Those who were the most hesitant to move away from traditional insurance were the most expensive applicants. However, it is the members who benefit the most imagine360 due to the reference pricing model, said Benton.

“We have not succeeded very well with our patients with cancer because they fear changing doctors,” he said. “We have to do a better job to target them, to have the conversation to say:” Listen, your doctors will be there. There will be this low disturbance.

The analysis comes while employers face a drastic increase in health care costs. PWC predicted an increase of 8% in 2025, the highest rate in 13 years.

Due to these cost increases, more and more employers are pursuing alternative health plans and pharmacy services, said Ellen Kelsay, president and chief executive officer of Business Group on Health, in an interview with the conference. She listed Imagine360, Centivo, Surrest, Capital RX and Navitus as examples.

Imagine360 notes this change. The company has nearly 1,000 customers and hopes to see two -figure growth in the coming years, according to Chris Cigarran, commercial director of Imagine360. He noted that some employers are interested in going to an alternative health plan, but wish to start with an independent third party administrator and always use the traditional operators network, which Imagine360 offers as a transition period.

“We really try to simplify employers to change,” said Cigarran in an interview. “Many consultants and brokers have perpetuated a myth that there is not another option. We have a real option.”

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