Health Plan Cost and Utilization Data in Near Real-time
Human resource professionals have long struggled to unlock the value trapped in plan participation and claims utilization data. BENEFITFOCUS® Core Analytics unlocks this value through detailed visibility into the key drivers of healthcare costs through a suite of dynamic pre-configured analytic dashboards.
Monitor and Manage the Open Enrollment Experience
Core Analytics provides benefit administrators access to real time enrollment progress along with key web statistics and analytics to support proactive employee communication strategies.
Go Deeper with BENEFITFOCUS® Advanced Analytics
Developed for enterprise level analysis, Advanced Analytics provides large employers and health plan providers with over 70 big data applications to identify the key drivers of group healthcare costs.
Eliminate the Risk of Duplicate Coverage
In some industries and geographies unintended duplicate coverage slows down open enrollment and drives higher insurance costs. The latest release includes automated unique person validation to eliminate the risk of employees, such as a husband and wife, duplicating benefits coverage.
Manage Employee Groups Automatically
Smart categories allow employers to manage employee groups dynamically by assigning rules based on characteristics that might change over time, such as age or job title. Once set, employee benefit eligibility is managed automatically over time.
Validate Provider and Prescription Coverage
Healthcare plan providers now have the option of allowing enrollees to validate both provider and prescription coverage during the enrollment process.