EnterpriseInsurance

Data Analytics: The Key to Controlling Employee Healthcare Costs Whitepaper

By August 21, 2019 No Comments
The Key to Controlling Employee Healthcare Costs

Q: Who best can control the huge growth in US healthcare expense?
A: Employers who offer health insurance.

Health insurance in the United States accounts for 17% of the GDP, and forecasts indicate that amount will rise to 20% in the not-too-distant future. That translates to an additional $600 billion of healthcare spending per year, and employers will foot the bill for a sizeable portion of those expenses.

The good news is that self-insured employers with a strategic focus, a comprehensive data warehouse, and the right data science analytical tools can save millions of dollars in their healthcare expenses while improving healthcare outcomes.

In this whitepaper, we explore:

-The impact of employer healthcare analytics for organizations of all sizes

-The data infrastructure to enable employer healthcare analytics

-The steps needed to build a healthcare analytics action plan