- Rollins, Inc. (ROL, Financial) saved approximately $7.7 million annually by switching to Imagine360's health plan, a 19% cost reduction compared to traditional plans.
- 51% of Rollins employees opted for Imagine360 in 2024, up from 46% in 2023, with a 90% satisfaction score and 99% claims acceptance rate noted.
- Savings have been reinvested in strategic initiatives and employee wellness, including on-site clinics, enhancing employee benefits and satisfaction.
Rollins, Inc. (ROL) has realized substantial financial savings through its partnership with Imagine360, a provider of alternative health plans for self-funded employers. An independent analysis conducted by Axene Health Partners highlighted that Rollins saved about $7.7 million annually, equating to a 19% reduction in healthcare costs compared to conventional health plans across 47 states.
Notably, Rollins' employees have shown a marked preference for Imagine360, with enrollment increasing from 46% in 2023 to 51% in 2024. This shift has been accompanied by a 90% satisfaction rate and a 99% claims acceptance rate among members, signaling strong approval for the new healthcare option.
The analysis compared Rollins' healthcare claims to benchmark data from nearly $2 billion in claims from commercial health plans. As healthcare cost projections are set to rise by 8% in 2025, the cost efficiencies achieved by Rollins provide a significant buffer against such increases, securing operational margins and reinforcing employee satisfaction.
In response to these savings, Rollins has reinvested in strategic business and employee wellness initiatives, including the development of on-site health clinics, demonstrating the company’s commitment to leveraging these efficiencies for broader organizational and employee gains.
