The Argentum Group
Firm		The Argentum Group ("TAG") is a New York City-based private equity firm dedicated to assisting outstanding entrepreneurs build industry-leading companies. TAG serves as a General Partner of five investment partnerships with total capital under management in excess of $400 million. Since being founded in 1988, TAG has invested in over 100 companies in a broad range of market sectors.
Our Partners		Steve Berman, VP & CFO		Dan Raynor, General Partner
Situation			Objectives
In 2005, Benemax was introduced to The Argentum Group. After learning about the Benemax value proposition ("Cut 10 to 25% out of your health benefit budget without reducing benefits"), TAG referred Benemax to several of its portfolio companies. At the same time, the firm also asked Benemax to develop a proposal to manage its own health benefit plan cost for 2006.			Significantly reduce current medical cost Maintain or improve medical benefits Design plan that allows 100% freedom of choice Remain with current medical carrier Add comprehensive but affordable dental coverage with no provider restrictions and no fine print limitations
Results			The Argentum Group Plan Cost History
Adopted The Benemax Wrap (carrier unchanged) TAG assumed $5,000 claims cost risk per member Benefits improved: Removed PCP referral requirement, eliminated out of network deductible & coinsurance New benefits: 100% benefits in & out-net (less Rx & OV copays) First year savings: 51% ($7,800 per employee) Adopted Benemax dental plan: Benedent