Success Stories
Wortham Insurance & Risk Management
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Testimonial from a Design180® User: An Introduction
On April 1, 2009 we began using NavigatorMD’s health plan analytics and plan management solutions. As early adopters of the Design180® approach, we integrated the system into our self-funded client's healthcare insurance plan strategies.
Boosting Bottom-Line Business
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Achievements:
- Return on Investment of 667%
- On pace to increase book of business by 100% within two years
- Increased Total Revenue by 76% within a year and a half
- Drastically Shortened New Business Closing Cycle
Isolating Chronic Compliance: A Cost Driver Solution
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Achievements:
- Cost Per Claimant Decreased by 49.4%
- Greatly Improved Compliance within a Targeted Patient Group
- Participation Adjustments (PEPM) rendered a Aggregate Total Gain of $181,365
- Decreased Year-Over-Year Total Cost by 20.9% despite a 56% Increase in Claimants
- ROI on Initial Cost Driver Population (142) was a remarkable 270% within 12 months
Fitting for Suit: Tailoring A Plan Offering
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Achievements:
- Nearly Doubled Plan Savings Goal of $863,900
- Total Plan Savings of $1,690,000 within a 2,300 employee plan
- Established Wellness Initiatives through Incentives and Member Options
- Confirmed and Proved Value in Wellness Initiatives and Plan Recommendations
Contribution Philosophy: A Lesson on Plan Selection
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Achievements:
- Achieved a Significant Shift in plan enrollment
- Influenced Employee Behavior for the Better
- Optimized Plan Utilization
- Kept Costs Flat
CASE STUDY: The Power of A Flexible Software System
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Prairie States empowers customers by putting data into their hands --showing them what works, what doesn’t work -- and helping to slash costs and measure health plan performance
By Michou Reichelsdorfer
President, Prairie States Enterprises, Inc.
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