54. $24 Million Saved: How Stephanie Koch Took Control of Her Company’s Healthcare Spend

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” healthcare
• What reference-based pricing really means (and how it changed everything)
• How Stephanie turned HR into a profit center
• The truth behind working with legacy brokers
• Why data access, transparency, and courage are key to real change
• The ROI of onsite primary care clinics — and the lives it’s saving

Whether 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: www.ethoseffectpodcast.com
Instagram: https://www.instagram.com/ethoseffectpodcast/
Chelsea: https://www.linkedin.com/in/chelsea-ryckis
Donovan: https://www.linkedin.com/in/donovanryckis/