HealthEngine Overview March 26, 2014 Kane County Profile Western - - PowerPoint PPT Presentation
HealthEngine Overview March 26, 2014 Kane County Profile Western - - PowerPoint PPT Presentation
HealthEngine Overview March 26, 2014 Kane County Profile Western Edge of Northeast IL Region Growing and Diverse population, 692,346 expected by 2030 1250+ Employees covered on Self-Funded Plan BC/BS of IL Vision Being an
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Kane County Profile
- Western Edge of Northeast IL Region
- Growing and Diverse population, 692,346 expected by
2030
- 1250+ Employees covered on Self-Funded Plan
- BC/BS of IL
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Vision
- Being an innovative and strategic leader in a
fiscally prudent manner
- Being good stewards of the natural and
economic resources
- Promoting and environment that advocates
health, welfare and safety;
- Encouraging and valuing citizen communication,
input, and involvement in governing so that residents are proud to call Kane County "home”
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Health Plan Challenges
- High Costs of Healthcare, Kane County current
Burden on Tax Payer is 83% of a spend that is approximately $12M
- Lack of transparency tools and concierge service
to help employees shop
- Price Variation Everywhere – Thomas Reuter
Study
- Service Sites impact cost – In study Chicago Average for Colonoscopy
was $2330-6330, while New York Colonoscopy averaged $450
- Provider contracts vary within employer plan
- Knee Arthroscopy patient out-of-pocket difference out of pocket $200-
500 Savings
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Health Plan Challenges
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Why Healthengine?
- Leadership
- Forward Thinking Approach
- Large % of plans are becoming high deductible/shared cost with
employees
- Consumer Driven Health can’t work without Transparency in cost along
with quality metrics
- Transparency only the beginning
- Stage 2 Negotiations within BCBS of IL provider network
- Stage 3 Reverse Auction to enable providers to engage and compete
- Employee Engagement Consulting
- 3rd Party needed to fill void
- Singular Focus on driving down costs for employers and patients
- Contractual Obligations - Health Plans contract with providers every 1-2 years
- Difficult for Health Plans to expose pricing due to variations
- Continual Interaction with Provider Network
- More quality data from outside sources
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Healthengine Approach
- Claims Data Analyzed
- Key Procedures Identified > than 50% of Cost
- Employee Dashboard and 800# Concierge Service Implemented
providing Cost/Quality information
- Select High Quality, renowned providers in relevant geographies
- Negotiate Drastically improved pricing for members’ employees
- Benefit Advocacy – Specialized Negotiation unit pre/post charges
- Monitor Patient Satisfaction
- Monitor Provider Competitiveness
- Competitive provider real-time bidding platform
- Comprehensive Change Management Approach – Employee
Engagement
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Healthengine ROI
- No Risk Partnership for Pilots
- Kane county Health Benefit approximate cost $12M
- HealthEngine Solution annual cost reduction long-term (2-5
year) goal (30% minimujm) - $
- Company Benefits
- Employee Benefits
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What Employees See – Personalized Dashboard
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Employees see their
- wn deductible
spending summary Search for procedure or select it from pre-defined lists
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What Employees See – Provider Choices
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Employees can now select their provider based on price, quality and location Additional cost savings for flexible days/times
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What HR & Managers See – Rollup Reports & Utilization
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Employees can now select their provider based on price, quality and location Additional cost savings for flexible days/times