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CONF I DENT I A L │ PAGE 8
Joplin Schools RFQ – Group Benefit Broker/Consultants
As such, CBIZ provides periodic (monthly, quarterly, semi-annual) including:
Monthly Reports/Meetings:
NavMD (subject to agreement)
Dashboard Report
Monthly financial overview and funding
comparison
General Plan Performance/Expense
Overview
Large Claim Reports
Quarterly Reports/Meetings Monthly Report Summary:
Utilization Data Analysis
Performance Standard Review – Vendor performance guarantees, if available
Annual Reports/Meetings Quarterly Summary:
Financial Comparison
Benchmark Review/Analysis (See Exhibit
C for sample tools and reports)
Performance Standard
Review/Stewardship Report
Wellbeing Scorecard
Strategic Review
Generational Analysis
Benchmarking and Benefit Plan Analysis
Our proposal includes tools with retroactive analysis and predictive modeling capabilities. Using these tools allows
us to coordinate worker’s compensation, medical claims, biometric screenings and disability data. This enables the
District to make the most informed benefits decisions, effectively measure return on investment, and monitor plan
budget in real-time.
CBIZ subscribes to numerous benchmarking resources that we make available to our clients. However, the most
informative benchmarking we can provide to our school district clients is data from our other similar school district
clients in the area. We can sort by group size, carrier, state in which they’re located, and by features of their wellness
initiatives.
The key differentiator with CBIZ’ approach is how we use the analysis to help our clients make meaningful benefits
modifications. CBIZ’s strategic process will utilize analytic tools which measure controllable costs as identified in
drill-down reports. Once trends are identified, actionable plans will be put in place to engage employees and
potential 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, Vision, and Dental) and community resources.