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.
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