Three Ways We Make Your Data Work For You
Difference In Data | April 2016 | Prairie States News |
Data is powerful. With healthcare plans, data allows us to predict, execute, modify and forecast in ways that positively effect employee’s lives and your company’s bottom line. We’ll work with you and your broker to use your data to design a benefits plan that reduces your costs and improves your employees’ health. Here’s how:
1. We perform robust data analytics to identify areas of high-risk. By understanding these areas, we can develop a plan that not only manages risk, but reduces it. We look at:
- employee demographics and biometrics
- claims and prescription data
- health risk appraisals and gaps in care
- condition management data
- wellness programs
- average tenure and turnover rates
2. Solid data analytics allow us to take out the guesswork and develop a plan that best serves your employees. Every plan is unique as it:
- reflects the specific health goals of your company
- provides best practice risk reduction strategies
- is efficient and compliant
- ensures a return on investment on health care services
3. We monitor every aspect of your plan once it’s up and running. Data is always being collected and analyzed in an effort to keep your plan functioning at an optimum level. And we provide you with sophisticated plan performance reports that are generated from deep and reliable data. With Prairie States you’ll benefit from:
- predictive modeling tools
- flexible plan design
- specialized reports as needed
- data transparency
- unlimited access to data
Talk to your broker about how Prairie States proactively uses data to improve employee health and reduce company healthcare costs.