Due to the ever-growing prevalence of mobile devices, online technology, and other digital transactions, companies seemingly have more data available to them than ever before.
But while many discussions center on how data can be used to improve marketing efforts and generate more sales, we’d like to highlight another way that data can help your company’s finances.
Yes, by putting healthcare data to use, companies can experience true financial savings when it comes to their employee benefits programs.
To understand how we turn data into savings for employers, please take a moment to view the slides below:
Practical Ways We Put Your Data to Use
As highlighted in those slides, there are a few practical ways that we help companies put their data to use. This includes:
- Analyzing claims to identify cost-drivers
- Benchmarking plan usage and plan cost figures against industries and regions
- Utilizing on-the-fly data modeling tool to prevent alternative plan designs
- Identifying practical strategies and steps employers can take to address plan usage and costs — including wellness programs, employee communications, and more
If you would like to reduce your company’s healthcare costs, I encourage you to contact CBG Benefits today. We can help you take the necessary steps to ensure that you can turn your healthcare data into true, bottom-line savings.
Please give us a call at 781-759-1222 or send an email to info@CBGBenefits.com.