Park East Construction Corp. has been providing exceptional and comprehensive project development services since 1989. With a legacy of more than $3 billion in construction projects, the company has earned its reputation as a leader in the construction management and general contracting sectors.
Serving both private and public clients, Park East Construction Corp. is known for its unmatched support throughout all phases of design and construction in the New York metropolitan area.
Client Challenges
- Escalating Healthcare Costs
- Financial Strain
- Limited Affordability
Project Success
By transitioning to a new carrier solution, Park East Construction achieved an impressive 50% savings in just one year, significantly reducing its healthcare expenses. This shift resulted in an overall -0.25% average annual medical increase, enabling the company to offer affordable benefits without sacrificing quality.
Moving away from the expensive New York marketplace provided the company with a sustainable, cost-effective benefits strategy, ensuring long-term stability and enhancing employee satisfaction.
- 50% savings in healthcare costs within the first year by switching to a new carrier solution
- -0.25% average annual medical increase, effectively reducing healthcare cost growth
- Access to affordable healthcare solutions outside the expensive New York marketplace, benefiting both the company and employees
