Gallagher Broker Joshua Rubich Recognized as a 2019 Employee Benefits Power Broker
Joshua Rubich, Area Senior Vice President, Gallagher
Consumerism may be popular in health care these days, but getting employees to agree to high deductible plans is no easy task.
The benefits team at a multi-state construction staffing firm with 1,600 employees has first-hand experience with that challenge.
In fact, the organization saw a mere 5 percent of its employees enrolled in its high deductible health plan — plus it faced a $1 million budget increase.
Gallagher’s Joshua Rubich employed a complex but effective plan: lower the deductible to the high-deductible health plan (HDHP), find a new pharmacy benefits management (PBM) vendor, and use engaging videos and other support tools to help people make better benefits decisions.
The results were incredible: Employee participation in the HDHP jumped to 40 percent, the organization saved approximately $1 million, and the new PBM vendor is on track to deliver approximately $400,000 in savings vs. projected claims.
“Josh is truly consultative. I’m confident he’s looking out for the best interests of our company and employees,” said the company’s chief human resource officer.
“He’s knowledgeable, smart and always there when you need him.”
Rubich’s considerable skills were also on full display in his work for Blackstone, a multinational private equity company with a wide-ranging portfolio of companies.
A Risk & Insurance Power Broker® is an individual who stands out among their peers for the exceptional client work they delivered over the past year. While brokers play many key roles in the insurance industry and risk profession, a Power Broker® award recognizes problem solving, customer service and industry knowledge.
Our goal is to broadly recognize and promote outstanding risk management and customer service among the brokerage community.
Who selects the winners?
Power Brokers are selected by Risk Managers based on the strength of the testimonials they provide to a team of 15 Risk & Insurance editors and writers.