Client Profile
Home Health Agency with $5 million in gross wages, 52 employees, and 18 participants in the group’s health insurance
Challenges
The client’s prior vendor had presented their package as a full-service PEO solution. However, what the client actually recieved was a standalone payroll software with open market benefits.
This led to:
- Service Interruptions
- High Costs
FPS Negotiation
Cost Savings
- Admin fees: $$78,000 > $73,000
- Workers’ comp: $6,000 > $2,500
- Health insurance: $382,000 > $271,000
Total savings: $119,500 annually
Service Improvements
- Gained a full-service PEO, with:
- Master policies for benefits and workers compensation
- Dedicated payroll and HR support
- Acquired better health plans
- Reduced out-of-pocket limits
- Lower copays
*All client case studies provided by FPS are based on real engagements; however, certain details (including company identifiers and financial figures) may be modified or approximated to protect client confidentiality while maintaining the accuracy of the scenario and outcomes.