Table of Contents Table of Contents
Previous Page  28 / 111 Next Page
Information
Show Menu
Previous Page 28 / 111 Next Page
Page Background

CONF I DENT I A L │ PAGE 27

Benefits Consulting Services RFP

Data Analytics

Our proposal includes tools with retroactive analysis and predictive modeling capabilities. Using these tools allows

us to coordinate worker’s compensation, medical claims, biometric screening and disability data to enable Unity to

make the most informed benefits decisions, effectively measure return on investment and monitor plan budget on a

real-time basis.

The key differentiator with CBIZ’s approach is how we use the analysis to help Unity make meaningful benefits

modifications. CBIZ’s strategic process will utilize analytic tools which measure controllable costs as identified in

drilldown reports. Once trends are identified actionable plans will be put in place to engage employees and potential

benefits plan designs to improve high cost drivers will be presented. The key to success is having all stakeholders

involved in the development and execution of the programs. Stakeholders should include all vendors, (Medical, Rx,

Disability, EAP, Vision, Dental), and community resources.

NavMD

CBIZ clients are given access to the priority forecasting tool, NavMD. NavMD Analytics is a predictive healthcare

analytics application delivering actionable insight for better decisions about managing the health of a given

population. Better decisions mean providing a higher quality of care at a lower cost with a focus on wellness. NavMD

Analytics consists of three main components as outlined on the following page.

A powerful facet of NavMD Analytics is that it generates information against actual claims data as soon as it is

updated. This allows you to examine the effectiveness of a health plan with relevant, up-to-date data. Additionally,

you have the power to monitor the progress of your health

care objectives and manage your health plan on a monthly

basis, just as you would any other budget item. The

system offers a wide range of claims analysis to determine

areas of a health plan that can be addressed in order to

mitigate claims expenditure, target cost savings and

increase wellness within a workforce. Additionally, the

tool allows wellness data to be imported into the system

so that you can see the direct correlation between

biometric screenings, health risk assessment data and

medical claims.

NavMD injects intelligence into the equation with best of

breed episodic groupings. Unlike other systems that

simply combine medical and pharmacy claims to give a

total costs, NavMD intelligently groups different types of

claims and associates them to underlying medical

conditions exposing the source of claims related activity.

NavMD also provides standard of care measurements and best practice guidelines for chronic conditions to profile

risk at the total population level, single member level, or anywhere in between. Standards of care also include age