In just 20 minutes our client found a significant number of cost drivers along with actionable information to address them.
Our client is a Fortune 500 company with more than $10 billion in sales, 150,000 customers, and 15,000 employees. Like most employers, our client is working to control health costs for the employer and their employees while simultaneously preserving a competitive benefits package. The company self-funds their health plan, and offers four plans to employees. Employees pay 20% of the premium on the mid-level option. Identifying cost drivers such as:
- Over $500,000 in out- of-network utilization
- 200+ employees with high risk conditions
- 240+ employees taking brand name prescriptions
This case study is intended to provide an example of how employers can use Geneia’s advanced analytics and insights platform to control the cost of employee healthcare and preserve a competitive benefits package.
Yes! I want to address cost drivers with actionable items.
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