Lockton GPO Solutions

Making a difference for members with leveraged employee benefit expense management

Savings and value opportunity

Expense Example

Annual healthcare cost paid by GPO members averages $12,000 per employee per year.

Example: 5,000 employees = $60M annual spend

Savings Potential

Lockton provides members access to exclusive pricing and programs that can save members 5-10% off their annual spend.

Example: 5,000 employees = $3M-6M in annual savings.

Performance Guarantee

No cost analysis to determine savings potential

100% of fees at risk if savings guarantee is not met

Member buyer 'Wins'

Human Resource Wins

- Nationally recognized employee
benefit brokerage and consulting
- Leave management outsourcing
Compensation and Total Rewards
Consulting
- Workforce technology (HRIS)
- Population health
- Employee communication
- Expanded benefit offerings to
employees
- Enhanced employee benefit contracts

Finance 'Wins'

- Significant cost saving opportunities
- Improved financial reporting
- Lower turnover costs
- Predicable employee benefits
budgeting
- Leveraged product purchasing
through the GPO relationship
- Improved attraction and retention for
difficult job classes
- Special contract terms and pricing
with national carriers for GPO
members

Medical/Rx Solutions

Access to unique health insurance solutions designed to save your institution money and ensure the long-term viability of your employee benefits offering.

- Stop Loss Coalition Solutions
- Stop Loss Captive Solutions
- Pharmacy Benefit Management and 340B consulting
- Hourly Worker/Non-ACA Compliant Medical Coverage
- Plan Design Consulting

Ancillary Benefit Solutions

Access to unique programs that will reduce the administrative burden on human resource departments and increase ancillary benefit coverage terms.

- Leave and Absence Management Solutions
- Disability, Dental, Vision, AD&D, Life and Long Term Care
- Voluntary Benefits Insurance Solutions
- Traditional Voluntary Benefits such as Legal, Pet,
Homeowners, Hospital Indemnity, Critical Illness
- Executive and Key Person Benefits

Administrative Solutions

Access to preferred pricing with best-in-class administrators to save money and time on employee benefits administration tasks.

- Third-Party Medical and Rx Claims Administration
- Medical and Pharmacy Claims Auditing
- HR and Benefits Technology Solutions
- Reference Based or Medicare Plus Claims Repricing
Administrators
- Custom Network Solutions

- Outsourced Call Center and On-site Benefit Administration

Members also have access to Lockton’s best-in-class consulting around Health Risk Management, Eligibility Management, and Participant Cost Sharing strategies.

Advisory Team Leads

John Holst, III, GBA, GBDS
SVP, Client Advocate
314.221.7456
jholst@lockton.com

www.linkedin.com/in/johncholst

Chris Agnello, MS, MBA
Insurance Consultant
801.979.1168
chris.agnello@lockton.com

www.linkedin.com/in/chris-agnello-ms-mba-8a553b3

Jim Dickson
SVP, Client Advocate
615.414.7785
jdickson@lockton.com

www.linkedin.com/in/jrdickson3

Matt Gregory, GBA, SHRM
VP, Client Advocate
423.605.7871
mgregory@lockton.com

www.linkedin.com/in/matt-gregory-lockton