How USI Delivered Budget-Aligned Renewal Solutions for Price Industries in Record Time
Live plan modeling enabled same-day decisions
Client
Price Industries
Mid-sized manufacturer, ~1,100 employees on medical plan
Partner
USI Insurance Services
Leading insurance brokerage serving mid-market employers
- Renewal Optimization
- Mid-Market
- Manufacturing
“PlanVantage allowed us to model multiple scenarios for Price Industries in minutes instead of days. We could show them different options on the spot and help them make a confident decision before their renewal deadline.”
At a glance
- Plan alternatives modeled
- 5
- Contribution strategies
- 3
- Budget target the options were built to
- $250K
- Turnaround time
- 1 day
A budget gap and a compressed timeline
Price Industries faced a $300K cost increase that needed to be reduced to $250K to meet budget requirements. Additionally, the minimum HDHP deductible increased for 2026, requiring mandatory plan adjustments. USI had recently taken over this account with a compressed timeline to finalize plan designs before open enrollment.
The actuarial math, run live in the room
USI used PlanVantage to accelerate the plan and contribution modeling process. AI extracted plan details from the benefit guide in under 2 minutes. During the strategy meeting, USI modeled multiple scenarios in real-time, adjusting deductibles, copays, and contribution strategies on the spot. That eliminated multiple follow-up meetings.