Data Analytics

The key to making data work for you is having a dedicated benefits consultant translate the data into meaningful action items that will benefit your employees and ultimately your company. Employer interest in benchmark data has grown over the past decade, as the cost of providing health care benefits continues to skyrocket and companies look for new ways to manage costs. Analyzing how other companies are structuring their plans and the strategies they are using to cut costs may make your own benefit plan decisions a bit easier.

• Analyze data from multiple sources to manage and negotiate plan costs. Claims experience, exposure changes and high-cost claimant reporting. 
• Benchmark reporting that analyzes how your benefits package including employer contributions compare to your competitors within your geographical location. 
• Medical & prescription analytics, plan & network disruption.