Cost Containment Strategies

We strategize with our clients to establish a set of goals and desired outcomes. This process helps us develop specifications that are used to evaluate programs that will allow our clients to meet their goals. Our data analytics tools are incorporated into this process. One of the benefits of this tool is the ability to aggregate data from multiple platforms. The system can analyze data from your medical plan, a wellness vendor, an on-site clinic vendor and payroll to allow us to help you monitor and measure your overall risk management programs. Cohort groups can be established to determine the effectiveness of risk management programs through this system.

 

We take a data-driven approach to evaluating the wellness programs of our clients. Paired with the company’s vision and culture, we review an organization’s workforce demographics and claim utilization benchmarking to develop and implement a customized strategy with measurable goals. These goals, such as gaps in care, preventive utilization statistics, claims paid by member by month, prescription drug usage and disease management engagement are just a few ways to help us evaluate the success of the program over time. This also allows us to recalibrate the program to achieve maximum effectiveness in the most desirable key performance areas.

 

 

Reinsurance: We leverage the best financial protection and premium levels through an exclusive resource. Many employers today have inadequate reinsurance coverage, which can result in greater financial risk. We work with you to ensure that this is not an issue.