Maximus Rose Transforms Community Living Algoma with Cost-Saving Transition to Self-Insured Disability Management Model
TORONTO, Oct. 24, 2023 /CNW/ - Community Living Algoma, a non-profit organization dedicated to improving the lives of individuals with intellectual disabilities, has experienced a remarkable transformation thanks to Maximus Rose. Maximus Rose, a leading broker providing of group benefits solutions, partnered with Community Living Algoma to shift from a traditional insured model to a self-insured disability management model, revolutionizing their financial stability and ultimately saving the organization over $100,000 within the first year.
This strategic transition was expertly guided by Maximus Rose, led by their team of experienced consultants who performed an in-depth analysis of Community Living Algoma's current benefits plan. Their thorough evaluation not only identified areas for cost savings but also paved the way for an innovative partnership with Maximus Rose's sister company, Acclaim Ability Management, an industry leader in disability management services.
The transformation began with Maximus Rose meticulously assessing Community Living Algoma's existing benefits plan. The goal was to identify opportunities for significant cost reduction without compromising the quality of care and support provided to their clients.
With Maximus Rose's insightful analysis, the organization could strategically shift to a self-insured disability management model, collaborating seamlessly with Acclaim Ability Management. The result was nothing short of extraordinary. In the very first year, Community Living Algoma saved over $100,000 in STD costs and Community Living Algoma reported zero LTD claims after the implementation of the self-insured disability management model. This achievement speaks volumes about the effectiveness of the new approach and the support provided by Maximus Rose.
"We are honored to have worked alongside Community Living Algoma," expressed Chris Sanderson, VP of Operations at Maximus Rose. "Their commitment to their community is truly inspirational. We take immense pride in contributing to their mission of providing exceptional support and services."
For more information about Maximus Rose and their impactful work in group benefit plans and cost optimization in short disability management, please visit www.maximusrose.com.
About Maximus Rose: Maximus Rose is a boutique insurance brokerage with offices in Sudbury, Windsor, Sault Ste Marie, and Toronto specializing in group benefits and human risk management.
About Community Living Algoma: Community Living Algoma is a non-profit organization committed to enhancing the lives of individuals with intellectual disabilities. They provide support, services, and advocacy to foster inclusion and empower their clients to lead fulfilling lives.
SOURCE Maximus Rose Living Benefits Inc.
Chris Sanderson, VP of Operations Maximus Rose Living Benefits Inc., 416 - 671 - 7583
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