Situation: Hundreds of employees need to review plan choices - as number of plans offered expands from 3 to 4 in an effort to increase participation in high deductible plans
Question: Can employee interviews be efficiently conducted in order to build this increased participation?
Analysis: Load plans into MHM system. Conduct current Projected Medical Usage interviews (commenced before 10 day Open Enrollment; analyses were sent after new plans finalized)
Result: 24% increase in high deductible plan enrollment (previous years' movement to high deductible plans was <1%)
- Employer achieves reduction in annual premium contributions of more than $15,000
- Employer achieves reduction in annual claim charges of more than $100,000
- Employees gain over $93,000 in aggregate annual savings (average of $2,278 per employee that changed plans)