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Hospital Central Services Cooperative, Inc.

 
 
Allentown, PA
www.hcsc.org
 
Quality combined with cost savings are the driving forces of our organization.
 
Hospital Central Services Cooperative, Inc. (HCSC) currently provides high-quality, cost-effective laundry & linen services, group purchasing programs, and blood banking services to over 500 hospitals and other healthcare facilities in the mid-Atlantic region.
 
“HCSC has had a long history with Conrad Siegel Actuaries, well over 25 years, “said Mark Angeny, Vice President, Human Resources with HCSC. “Your firm’s familiarity with our organization is very important to us. HCSC has a complicated set-up with several companies, both for-profit and not-for-profit, union and non-union. We offer multiple retirement plans including a defined benefit pension plan, 401(k) plan and 403(b) plan as well as various health plan options. It is critical for us to be able to work with a firm like Conrad Siegel Actuaries with expertise in all of these areas and people who understand how these plans are all interrelated.”

We find it extremely valuable to be able to pick up the phone and get access to knowledgeable people about virtually any employee benefit subject. There is real value in having access to people who know what they are talking about and can provide this information to us in practical business terms.

“One of the most valuable services you provide is your firm’s assistance with our annual negotiations with our health care providers. Knowing that we have actuaries negotiating on our behalf directly with the carriers’ underwriters is a distinct advantage for our organization.” In addition, your advance rate projections provided throughout the year, put us in a position to know exactly what to expect and to plan accordingly.

“Finally, being able to work with a firm on a fee-for-service basis rather than a commission structure is a critical and strategic factor and benefit for our organization. We know that we will get objective advice rather than advice that may or may not be motivated by the commissions paid by the carrier.”
 
Mark Angeny
Vice President, Human Resources
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