Independent Analysis Shows Imagine360 Saved Rollins, Inc. Nearly 20% Compared to Traditional Health Plans

Rhea-AI Summary

Rollins Inc (NYSE:ROL) achieved significant cost savings through its partnership with Imagine360, a self-funded employer health plan provider. An independent analysis by Axene Health Partners revealed approximately 19% savings ($7.7 million annually) compared to traditional health plans across 47 states.

The company's health plan members reported a 90% satisfaction score and 99% claims acceptance rate. In 2023, 46% of Rollins employees chose Imagine360 over traditional PPO plans, with enrollment increasing to 51% in 2024. The company has reinvested these savings into strategic business initiatives and employee health programs, including on-site clinics.

The analysis compared healthcare claims from Rollins employees to benchmark data of nearly $2 billion in healthcare claims from commercial health plans. This comes as PwC forecasts an 8% increase in healthcare costs for 2025, the highest rate in thirteen years.

Positive

• Significant cost reduction of $7.7 million annually (19% savings)
• High member satisfaction (90%) and claims acceptance rate (99%)
• Increasing employee adoption rate from 46% to 51% year-over-year
• Reinvestment of savings into employee health initiatives

Negative

• Rising healthcare costs forecast of 8% for 2025

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•         Rollins, Inc. achieved annual savings of approximately $7.7 million, allowing the company to reinvest in strategic business initiatives and employee wellness, including on-site clinics.
•         Analysis included members across 47 states.

PHILADELPHIA, April 22, 2025 /PRNewswire/ -- Imagine360, a leading alternative health plan for self-funded employers, released results from an independent analysis conducted by Axene Health Partners finding that through Imagine360, Rollins, Inc. (NYSE:ROL) experienced approximately 19% savings—approximately $7.7 million annually—compared to traditional health plans. In addition to significant savings, Rollins health plan members reported a great experience with Imagine360, including a 90% satisfaction score and a 99% claims acceptance rate. Imagine360 and Rollins are presenting these results today, onstage at the Business Group on Health 2025 Annual Conference.

Rollins, which provides pest control services and protection to nearly three million customers around the globe, employs over 20,000 employees from more than 800 locations.

The report compared healthcare claims incurred by Rollins employees enrolled in the Imagine360 health plan across 47 states to benchmark data formulated by Axene Health Partners. The benchmark data included nearly $2 billion of healthcare claims across millions of members enrolled in prominent commercial health plans in the same states, including large national carriers. The analysis included claims incurred in 2023.

"The cost-savings report from Axene Health Partners reiterates that employers and employees are overpaying for healthcare and that viable alternatives like Imagine360 can help businesses take back control," said Imagine360 Chief Commercial Officer Chris Cigarran. "The reality is that point solutions and carrier innovations have done little to address rising healthcare costs. Companies like Rollins are now demanding cost-containment solutions that help save money while providing a world-class member experience to employees across the country. Imagine360 is proud of our partnership with Rollins and the results we have achieved together."

Reinvesting Substantial Savings

Rollins employees and dependents have access to a dual-option plan, where they can choose between Imagine360 or a traditional Preferred Provider Organization (PPO) plan. In 2023, 46% of Rollins health plan members selected Imagine360, and enrollment rose to 51% in 2024. Rollins allocated the savings afforded by Imagine360 into strategic business initiatives and employee health initiatives, including on-site employee health clinics.

"Investing in our employees is a fundamental principle at Rollins," said Jamie Benton, Vice President of Human Resources at Rollins, Inc. "With Imagine360, we have been able to offer an alternative health plan that maintains low healthcare costs for employees while providing substantial savings. These savings can be reinvested in our most valuable asset—our team members—to ensure top-of-the-line customer services."

Addressing Industry Challenges

Rising healthcare costs are posing a major challenge for self-funded employers, with PwC forecasting an 8% increase in 2025 – the highest rate in thirteen years. Imagine360 achieves measurable cost savings and industry-leading member satisfaction by delivering a fundamentally different health plan experience. Imagine360's integrated offering includes preferred provider and health system contracting, price protection through reference-based pricing, and personalized care coordination and medical management services.

In 2024, Axene Health Partners conducted a third-party analysis of Imagine360's savings on healthcare costs across five metropolitan areas. Looking at three years of medical claims, the report found that Imagine360 reduces healthcare costs by 19.8% compared to commercial health plans.

About Imagine360

Imagine360 is a leading alternative health plan addressing the greatest challenges on behalf of self-funded employers: healthcare costs are harming the bottom line, increasingly unaffordable for employees, and the experience remains poor. Imagine360's innovative payment model includes preferential contracting with providers and health systems, and additional price protection through reference-based pricing, saving employers 15-30% on average compared to the national carriers. With more than 17 years' experience, and 25-million-months of member data, Imagine360 offers care coordination and medical management to proactively guide members through the complexities of healthcare. Learn more at www.imagine360.com and connect with us on LinkedIn.

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SOURCE Imagine360

FAQ

How much did Rollins Inc (ROL) save through Imagine360's health plan in 2023?

Rollins Inc saved approximately $7.7 million annually, representing a 19% reduction compared to traditional health plans.

What percentage of Rollins employees enrolled in Imagine360's health plan for 2024?

51% of Rollins employees enrolled in Imagine360's health plan for 2024, up from 46% in 2023.

How did Rollins (ROL) reinvest the healthcare cost savings from Imagine360?

Rollins reinvested the savings into strategic business initiatives and employee health programs, including on-site employee health clinics.

What was the member satisfaction rate for Rollins employees using Imagine360's health plan?

Members reported a 90% satisfaction score and a 99% claims acceptance rate with Imagine360's health plan.