An Excellent Experience with ExecSelect
July 10, 2025
AvAirPros is a privately-held commercial aviation consulting firm founded in 1989. CEO Paul Demkovich and his C-Suite team have always placed a top priority on providing their employees with high-level benefits and compensation packages.
A few years ago, the ExecSelect Plan was offered to the company’s upper management. Paul views this as an enhanced benefit that is highly valued by the company’s senior executives.
To date, our experience with ExecSelect has been excellent! Our participants truly appreciate the Plan, and comment on how easy it is to receive reimbursement for their qualified medical expenses.
High Prescription Drug Costs Impact Health & Wellness
One in three Americans with health insurance will be prescribed a medication this year that their insurer won’t cover. That’s because the nation’s largest pharmacy benefit managers excluded more than 600 drugs from coverage in 2024. This number compares to fewer than 100 prescription drugs excluded by pharmacy benefit managers – Caremark/CVS Health, Express Scripts/Cigna and OptumRx/UnitedHealth – 10 years earlier.
As exclusion lists have grown, patients, meanwhile, face the prospect of paying more for health insurance that covers less of what they need.
When employees can’t afford medications, it can impact overall workplace performance. Rising drug costs may force employees to forgo or ration their medications. Stress from these conditions can create distractions and absent-mindedness. Workers overwhelmed by their financial situation may not get much done, interact less with co-workers, and lose motivation to do their best work.
Businesses are feeling the squeeze from rising drug prices and healthcare costs, and they’re getting creative to stay afloat while still supporting their workforce.
- Employers are promoting wellness programs and chronic condition management to reduce long-term costs
- They are conducting regular reviews help identify underused benefits and adjust coverage to better match employee needs
- Employers are moving toward supplemental health plans such as ExecSelect, that afford the employer complete transparency on both premium cost and utilization.
The ExecSelect Plan, which can be offered to all, or a select class of employees, covers expenses not typically covered by most underlying medical plans, including prescription drugs, insulin, weight loss medications, over-the-counter drugs and much more. See list of Eligible Benefits. A healthy workforce isn’t just good for people—it’s a strategic advantage for businesses. Is your company/client looking for a powerful new benefit solution? See what ExecSelect can do for you.