A National Prototype
The Serigraph story on how its co-workers
and management worked together to tame
the beast of health cost hyper-inflation has
been captured in a book by its chairman.
In 2003, Serigraph’s health costs were escalating
at 15% a year. With an annual medical bill of
$ 5 million for company and co-workers combined,
the trend was unsustainable.
In 2004, the company became one of the first
in the nation to adopt a consumer-driven plan.
The cost dropped and then stabilized over the
next six years.
Now for a family plan in 2010, the Serigraph
cost is almost $ 5,000 below the national average.
“I’m proud of what Team
Serigraph has accomplished
on improving health and
John Torinus Jr.