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The New Approach to Employee Benefits: Reducing Health Care Cost & Complexity

Cost and complexity are significant barriers facing both employers and employees when it comes to healthcare and employee benefits programs.

That’s where insight-driven benefits administration comes in. Simply stated, it’s the antidote to uncertainty. It’s the ability to use your own benefits data to garner insights into questions such as:

  • Are employees choosing the right plans for their needs?
  • Where do most healthcare costs come from?
  • How can we refine our benefits program to reduce costs for everyone?

Or, at the employee level:

  • Which benefits are right for my specific circumstances?
  • Am I making the best use of my benefits?

Watch this on-demand webinar to learn more about the key characteristics of this approach, what steps you can take and the technology needed to power it. Plus, get real-world examples of how employers have successfully taken this approach with their own benefits program for better employee retention, better health outcomes and substantial cost savings.

 

About the Author

Benefitfocus (NASDAQ: BNFT) unifies the entire U.S. benefits industry on a single technology platform to protect consumers for life. Our powerful cloud-based software, data-driven insights and thoughtfully-designed services enable employers, insurance brokers, health plans and suppliers to simplify the complexity of benefits administration and deliver health, wealth, property and lifestyle products through a world-class benefits experience.