EPISODE · Jun 26, 2025 · 39 MIN
54. $24 Million Saved: How Stephanie Koch Took Control of Her Company’s Healthcare Spend
from The Business of Benefits Podcast · host Hi Hello Labs Network
Today’s episode of The Business of Benefits is a masterclass in bold HR leadership. Meet Stephanie Koch, Director of HR at Hendry Marine, who shares how she went from sitting silently in renewal meetings to transforming her company’s healthcare strategy — saving nearly $24 million in the process.Host Chelsea Ryckis and Stephanie dive deep into:Why most companies are stuck in “spreadsheet” healthcareWhat reference-based pricing really means (and how it changed everything)How Stephanie turned HR into a profit centerThe truth behind working with legacy brokersWhy data access, transparency, and courage are key to real changeThe ROI of onsite primary care clinics — and the lives it’s savingWhether you're an HR professional, CFO, CEO, or just tired of rising healthcare costs, this is your call to rethink benefits strategy and finally take control.Connect with Chelsea and Donovan:Website: https://businessofbenefitspodcast.com/Instagram: https://www.instagram.com/ethoseffectpodcast/Chelsea: https://www.linkedin.com/in/chelsea-ryckis-8508a192/Donovan: https://www.linkedin.com/in/donovanryckis/Finished with the content? Claim your CE credit here: https://ideas.ethosbenefits.com/continuing-education SHRM: Ethos Benefits is recognized by SHRM to offer professional development credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities. HRCI: Ethos Benefits is approved to offer HRCI® recertification credits for this program. This program has been approved for 0.5 - 1 HR (General) recertification credit(s) toward aPHR®, PHR®, SPHR®, and GPHR® certification.
What this episode covers
Today’s episode of The Business of Benefits is a masterclass in bold HR leadership. Meet Stephanie Koch, Director of HR at Hendry Marine, who shares how she went from sitting silently in renewal meetings to transforming her company’s healthcare strategy — saving nearly $24 million in the process.Host Chelsea Ryckis and Stephanie dive deep into:Why most companies are stuck in “spreadsheet” healthcareWhat reference-based pricing really means (and how it changed everything)How Stephanie turned HR into a profit centerThe truth behind working with legacy brokersWhy data access, transparency, and courage are key to real changeThe ROI of onsite primary care clinics — and the lives it’s savingWhether you're an HR professional, CFO, CEO, or just tired of rising healthcare costs, this is your call to rethink benefits strategy and finally take control.Connect with Chelsea and Donovan:Website: https://businessofbenefitspodcast.com/Instagram: https://www.instagram.com/ethoseffectpodcast/Chelsea: https://www.linkedin.com/in/chelsea-ryckis-8508a192/Donovan: https://www.linkedin.com/in/donovanryckis/Finished with the content? Claim your CE credit here: https://ideas.ethosbenefits.com/continuing-education SHRM: Ethos Benefits is recognized by SHRM to offer professional development credits (PDCs) for SHRM-CP® or SHRM-SCP® recertification activities. HRCI: Ethos Benefits is approved to offer HRCI® recertification credits for this program. This program has been approved for 0.5 - 1 HR (General) recertification credit(s) toward aPHR®, PHR®, SPHR®, and GPHR® certification.
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54. $24 Million Saved: How Stephanie Koch Took Control of Her Company’s Healthcare Spend
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