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Controlling Health Care Costs After COVID-19

 

With the full impact of COVID-19 still uncertain, the potential for an imminent surge in health claims is a concern for employers. The most likely surge areas include:

  • Mental health claims
  • Chronic illness
  • Prescription drug needs
  • Delayed surgical procedures

Naturally, a significant increase in claims will have a substantial cost implication for employers and employees. At the same time, health care costs are expected to keep rising, and the long-term effects of COVID-19 on employer-sponsored health plans are still unknown.

Benefitplace Health Insights can help you navigate the uncertainty of COVID-19 by giving you on-demand access to your health care claims data.

Here's how:

Identify and manage health care cost drivers

See clearly, in near-real time, what’s driving your health care costs — whether it’s non-urgent ER visits, wasteful prescription spending or non-compliant chronic disease management — so you can take timely corrective action.

Plan with confidence

Accurately forecast future health care spending, evaluate the impact of plan design changes and track wellness program ROI, so you can help ensure your organization is optimizing its benefit investments.

Empower employees

Personalize the health plan enrollment experience to help employees understand which plan makes the most sense for their needs, leading to more cost-effective enrollment and utilization decisions.

Ready to get started? Request a demo today!

Navigate the challenge of rising health care costs

Navigate the challenge of rising health care costs