HealthEngine Overview March 26, 2014 Kane County Profile Western - - PowerPoint PPT Presentation

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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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SLIDE 1

HealthEngine Overview

March 26, 2014

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SLIDE 2

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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SLIDE 3

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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SLIDE 4

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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SLIDE 5

Health Plan Challenges

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SLIDE 6

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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SLIDE 7

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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SLIDE 8

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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SLIDE 9

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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SLIDE 10

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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SLIDE 11

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