The Everlong Difference (Part 4):
Invest More in What Works, Divest from the Rest
In today’s economy, the allocation of resources provides little margin for error. It’s no longer sufficient to invest in what’s working today, you must also be able leverage analytical insights to successfully navigate what’s working tomorrow and just as importantly, what’s not working and should be divested from.
Reporting and delivering advice to your clients that’s actionable and effective can make or break a partnership.
That’s why we’ve partnered with Springbuk to provide you with full access to a powerful health analytics platform – and not just the “light” version. When it comes to health and financial outcomes, you need all the insights you can get to provide the best data-driven recommendations for your clients.
What is Springbuk?
Springbuk is a data analytics tool that enables an employer to understand specifically what variables are contributing to their claims. This includes identifying compliance gaps for chronic conditions and preventative care, along with the ability to forecast future claims spend within the population.
Program features include:
- Insights – an analytics platform which identifies savings opportunities
- Answers – a data analytics tool to dive deep into cost drivers
- Standard and custom reporting options
- Plan design modeler
Everlong offers the premier version to all members at no cost to help your clients understand their healthcare spend like never before.
By participating in our high performance health insurance captives you can help your clients:
- Customize health resources that are the most relevant and accurate
- Types of wellness initiatives they should implement based on their employees’ health
- Which vendor or partner types are best positioned to move the health and cost needle
According to a study by the Society for Human Resource Management (SHRM), nearly 90% of companies leverage healthcare benefits as part of their talent acquisition strategy.
Access to Springbuk will provide you with deeper insights into your clients’ benefits plan to identify areas of risk and implement countermeasures.
The key concept here is that Springbuk insights coupled with Everlong recommendations will help your clients invest more in what works and divest from what doesn’t.
There’s frankly no better way to improve your client’s condition than to implement this approach.
As the industry evolves, consider what percentage of your book should be held in a captive.
Invest in what works. Invest in Everlong and we’ll take care of the rest.
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