Plan Design
Thomson Reuters offers tools and solutions to help clients develop the best benefit plan design for their covered population. We model the effects of plan design on benefit quality, cost, satisfaction, and financial contribution levels for employees and the employer.
Benefits
- Model the effect of changes in co-pays, premiums, enrollment thresholds, and use of generic incentives and mail-order pharmaceutical programs on benefit quality, cost, satisfaction, and financial contribution for employees and their employers.
- Discover reasons for enrollee plan switching, and develop incentives to stimulate use of generic drugs and higher quality providers.
- Our data resources allow clients to develop plans options customized to their covered populations.
Benefit Design Modeler - Health Plan
Balancing the complexity of maintaining competitive healthcare benefit offerings with controlling costs is a formidable challenge. To address this challenge, health plans need to evaluate the financial impact that proposed plan design changes will have on the organization and on enrollees’ out-of-pocket expenses.To help customers quantify the cost impact of proposed benefits plan design changes, Thomson Reuters has developed a scenario planning tool — Benefit Design Modeler. Modeler can help you make accurate decisions quickly to more effectively impact your benefit management activities.
Consulting Services - Health Plans
Grow your business. Mitigate cost trends. Engage consumers and providers. When you partner with Thomson Reuters, we'll put our extensive experience gathering and analyzing healthcare data to work for you. Our on-staff experts can help you leverage the power of data to achieve your specific objectives.
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