Steel manufacturer CEO Mike Morris shares how Health Guardianship from BowTie Medical replaced a painful reference-based pricing experiment with an on-site clinic and virtual-first care — cutting healthcare costs 20% below industry benchmarks while restoring employee trust and putting real savings back into workers’ pockets through profit-sharing.

Mike Morris, CEO of a US steel manufacturer and BowTie client, joined us on the Health Guardianship Podcast recently.As someone deeply invested in providing high-quality benefits for his employees, Mike found himself (much like so many employers) trying different methods to manage the ever-increasing burden of healthcare costs.    The Reference-Based Pricing Journey In 2015, Mike’s company took the first step of benchmarking its healthcare expenses against similar companies