Three Ways Good Data Gets Amazing Results
Data | April 2016 |
Data is powerful. With healthcare plans, data allows us to predict, execute, modify and forecast in ways that positively effect people’s lives and a company’s bottom line. Together, we can use a client’s data to design a benefits plan that reduces costs and improves employee health. Here’s what we can do:
1. We perform robust data analytics to identify areas of high-risk. By understanding these areas, the plan can not only manage risk, but reduce 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 client. Every plan is unique as it:
- reflects the specific health goals of the 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 the plan once it’s up and running. Data is always being collected and analyzed in an effort to keep the 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
Let’s combine our areas of expertise and proactively use data to improve employee health and reduce company healthcare costs. Contact us today.