GMP Contracting, a pioneering force in the industry, has been serving New Jersey with unmatched expertise for decades. Their dedicated team provides a comprehensive service range, from Pre-Construction Budgeting to seamless turnkey site solutions..
Client Challenges
GMP needed stable, predictable premiums to protect their budget and simplify benefits—but they were facing:
- Unpredictable Rate Hikes: Yearly spikes made forecasting impossible.
- Complex Plan Structure: Multiple tiers created administrative headaches.
- Lack of Cost Visibility: Hidden rate drivers frustrated finance and HR teams.
- Employee Confusion: Overlapping coverage options led to low satisfaction.
Project Success
We implemented a streamlined, custom benefit strategy—leveraging our fiduciary partnerships and proactive monitoring—to deliver: We saved them 35.20% in one single renewal year.
This strategic model not only drives immediate, substantial savings but also establishes a scalable, proactive framework—giving GMP the budget predictability and peace of mind to focus on growth.
- 35.20% savings in a single renewal year.
- Average annual medical renewal is -2.87%
- Simplified plan design, slashing enrollment steps in half
- Real-time cost tracking and benchmarking to lock in ongoing savings
