Employer Need: To maximize the available information from insurers or third party administrators (TPAs) and other health management vendors in order to control current risk and to predict future risk to the greatest extent possible.
BSI Solution (General Overview): The availability and accessibility of data is a primary determinant in whether BSI creates a partnership with an insurance company, TPA, health management firm or other ancillary vendor. Succinctly, information is power. Our expectations are that data must be warehoused and made available or accessible for management analysis and planning. Too often, we find that employers are not being provided with an adequate level of information to justify renewal increases or to allow them to properly plan for the forthcoming Plan Year(s). |