After a year of dramatic changes in the employee benefit marketplace, the bottom line remains: Medical claim trends persist at unsustainable levels for most employers in 2015.
The long-term trends are not promising. Medical service providers are consolidating, creating less competition, and continue to demand higher prices, perform more procedures, and prescribe costly specialty medications. Meanwhile, chronic health conditions such as heart diseases, obesity and diabetes are increasing along with the working population of people age 65 and older.
To mitigate and control healthcare costs a growing number of employers are counting on cost management tools such as USI’s proprietary 3-D claims analytics system. USI 3-D provides a three-dimensional view of actual claims to offer exceptional insights into clinical patterns unique to a plan’s participants. Read on for more about USI 3-D.