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Problem Our Ohio-headquartered client with a workforce primarily located in North Carolina acquired a company based in Texas. The employees at the North Carolina location were provided a low-benefit, minimum essential coverage medical plan. However, the Texas location offered more traditional medical plans and generous ancillary benefits. Our client hoped…

Situation A Midwest private equity firm with 10 portfolio companies was in a fully insured, pooled benefits program that Oswald built with BlueCross BlueShield. While each company could design its own health insurance plan, claims risk was spread over the volume of the pooled population. Although pooled programs are still…

Situation A large private equity firm with 23 platform companies was closing on an average of 10 new companies each year. With thousands of employees, they needed a better way to manage health benefits. Oswald dedicated a team to this client, as the service needs of the client and their…

Situation A large auto parts distribution company saw their health benefits claims rising. They needed to find ways to reduce their costs to maintain a healthy bottom line and continue to grow their business. Solution During the broker-RFP process, Oswald identified numerous areas of improvement that could be implemented in…

The Greater Cincinnati market is changing rapidly as a result of organic and acquisition growth. Many of our locally headquartered companies (Kroger, Community First Solutions, Heartland Bank) have become increasingly acquisitive in recent years and the area is primed for many more transactions to come. Whether you are already involved…

CLEVELAND, March 25, 2024 – Brian Stovsky, vice president and business development leader in the Private Equity practice at Oswald Companies, has been named a 2024 Break Out Award winner by Business Insurance magazine. The annual program honors top professionals who are on track to become the next leaders in…

Oswald Companies was a featured contributor in the Crain’s Cleveland Custom Content: ACG 2023, January 2023. In the article titled “Workforce, Benefits Considerations During Due Diligence,” Brian Stovsky, Business Development Leader, Private Equity at Oswald Companies, discusses how businesses will continue to deal with the balancing act of absorbing cost…

Every private equity investor and common owner of a portfolio of businesses asks the same question: How can I lower my costs? The answer: Employees. Your employee population is a valuable resource in saving money. You’re already providing benefits to this group, so consider combining them into one health insurance…

Every year, employers stress over the cost of health insurance for employees, but there are some tricks to controlling costs. You have to know what’s driving costs up in the first place – and then figure out how to reign them in. Maybe your company hasn’t shopped around enough for…

Making the right enrollment decision is important – and employees only have one chance per year. What is Open Enrollment? Once a year – during open enrollment, employees can sign on to health insurance, make changes to their health insurance or stop their health insurance plan. The only other time…