The recently released 2015 Employer Health Benefits Survey from the Kaiser Family Foundation/Health Research & Educational Trust indicates that the 57% of companies that offer health benefits are buying down benefits, increasing deductibles and shifting costs to their employees at a faster rate than healthcare expenses are rising.
With increasing pressure from the Affordable Care Act, it is especially important now for health plans to maintain employer confidence and foster interactive and personalized dialogues. With an Employer Reporting solution, health plans can help employers design more efficient benefit plans, manage healthcare costs and improve customer trust and loyalty.
Employer Reporting enables health plans to provide data insights, interactive benefit modeling and customizable reports to understand the drivers of healthcare costs and communicate value to employer groups. Here are three tips to ensure successful employer reporting:
- Establish a single source of truth. It is essential to create a unified experience across the enterprise which ensures that employers, providers and all stakeholders receive the same information, regardless of department.
- Speed matters – leverage automation. Scheduled reporting is essential to improve the timeliness and efficacy of reports. Automation can help produce tens of thousands of complex reports for customers within 10 days of month-end.
- Prioritize mobile capabilities. As health plans become increasingly engaged with consumers in a mobile setting, health plans and employers must be able to engage through this medium as well. Mobile interfaces such as Apple and Android systems support the flexibility and on-the-go reporting needs of employers, providing complete “anywhere, anytime” reporting and collaboration.
For more information, read more about MedeAnalytics Employer Reporting or contact us at info@medeanalytics.com.
Get our take on industry trends
Data visualization: A picture is worth a thousand…healthcare data points?
The amount of data produced daily has grown exponentially with nearly 90% of the world’s data generated in the last two years alone. To ensure we can make sense of this data, analysts must find meaningful ways to present the information to their audiences.
Read on...How did we get here? Hospital analytics and the new normal
I have heard the word “unprecedented” so many times in 2020 that it has lost its significance; many of us have become desensitized to the extraordinary changes in the world this year.
Read on...How to help employer groups plan in a time of uncertainty
Employers and their sponsored health plans are thinking about next year’s benefit designs with a significant challenge not seen before: the effect of the coronavirus pandemic. There are important considerations to take into account before making any decisions about new or existing coverage. Becky Niehus, a director of Product Consulting at MedeAnalytics, explores these new issues and what employers can do to ensure employees are “covered.”
Read on...Healthcare’s return to “normal” after COVID-19: Is it possible?
As providers determine how to get patients to return to facilities for routine disease management and preventive screenings, opportunities are ripe for the application of analytics to triage at the right time to the right setting. Data related to COVID-19 will continue to flow rapidly, but there are possibly more questions than answers now about a return to “normal.”
Read on...