Benchmarking and Data Mining
Benchmarking
Many employers want to know how their plan design and costs compare to other employers either geographically or by like industry. Concerns about making changes to your plan and whether you are compromising quality to save a few percentage points in reduced claim costs or premiums. Determining what strategy to employ can present more questions and may lead to a benefit plan lower than some of your competitors.
G-S Consulting provides multiple benchmarking resources and tools to help you compare your companies medical and prescription drug plan design and utilization compared to other companies programs.
Our benchmarking services, allows us to compare your medical plan costs or utilization concerns to reliable benchmark data. Modeling of your medical plan design allows us to show the impact plan changes have on your plan. Detailed survey results are provided to you based on region, business size and industry.
Claims Data Mining
Our benefit consultants work to collect claims data for your fully insured or self-insured medical and prescription drug plans to begin the data mining process. We use state-of-the-art analytical processing technology Decision Master Warehouse. This tool allows us to formulate data into various categories with limitless variations and mining of utilization patterns. Determining your utilization patterns, allows us to bring strategies and recommendations on ways to lower your claim experience. Year to year comparison assist us in determining how the programs that were implemented, are being utilized and show the impact it has had on your claim dollars.
Many employers want to know how their plan design and costs compare to other employers either geographically or by like industry. Concerns about making changes to your plan and whether you are compromising quality to save a few percentage points in reduced claim costs or premiums. Determining what strategy to employ can present more questions and may lead to a benefit plan lower than some of your competitors.G-S Consulting provides multiple benchmarking resources and tools to help you compare your companies medical and prescription drug plan design and utilization compared to other companies programs.
Our benchmarking services, allows us to compare your medical plan costs or utilization concerns to reliable benchmark data. Modeling of your medical plan design allows us to show the impact plan changes have on your plan. Detailed survey results are provided to you based on region, business size and industry.
Claims Data Mining
Our benefit consultants work to collect claims data for your fully insured or self-insured medical and prescription drug plans to begin the data mining process. We use state-of-the-art analytical processing technology Decision Master Warehouse. This tool allows us to formulate data into various categories with limitless variations and mining of utilization patterns. Determining your utilization patterns, allows us to bring strategies and recommendations on ways to lower your claim experience. Year to year comparison assist us in determining how the programs that were implemented, are being utilized and show the impact it has had on your claim dollars.
Contact Us   G-S Consulting, Inc. 901 Warrenville Road Suite 480 Lisle, IL 60532 Phone: 630-310-5320 Email: Info@g-sconsulting.com |
G-S Consulting, Inc. 901 Warrenville Road, Suite 480 Lisle, IL 60532
Phone: 630-310-5320 Fax: 630-241-1445 Email: Info@g-sconsulting.com