Facing healthcare spending challenges, DeVry University's partnership with Accolade highlights a strategic and financially prudent approach. Through a benefits strategy centered on advocacy, DeVry achieved a 3:1 ROI, enhancing employee satisfaction and engagement.
This case study explores DeVry’s transformation of healthcare management into a strategic asset, maintaining stable healthcare expenses and broadening the benefits portfolio to include mental health support. It presents a compelling narrative for HR benefits leaders aiming to balance cost control with improved employee well-being, providing insights into the effective use of advocacy for lasting outcomes.
“I sit on a number of boards where we are continually looking at how to manage benefits to make budget in a highly inflationary environment. Somehow, at DeVry, we continue to come in below budget while increasing benefits.”
– DeVry board member