The Problem: Ballooning Health Benefit Costs
Are healthcare costs the highest line item on your expense sheet? General Motors spent $4.8 Billion in healthcare costs alone, equalling more than their total spend on steel*. With health benefit spending spiraling out of control, impacting the profitability, sustainability and competitive edge of employers at an alarming rate. Targeting cost drivers, increasing access to affordable care, promoting wellness and prevention and providing appropriate condition management programs are critical. Our solutions are uniquely capable of providing access to analytics that answer the key questions of effective benefit design: What happened? What will happen next? And what can you do about it?
*Source: R. Wagoner congressional testimony