Page 4 - E.C. Barton
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What we heard
E.C. Bar’s top priorities (what we heard)
INNOVATION AND ANALYTICS AND COST/EXPENSE ADMINISTRATIVE AND
STRATEGIC CONSULTING BENCHMARKING MANAGEMENT VENDOR MANAGEMENT
• Understanding and • Customized actuarial services • Identifying savings • Day-to-day service with local
communicating the healthcare and inancial reporting, e.g., opportunities through clinical resources
landscape and the relationship monthly reporting packages, management and consumerism • Trusted advisor to be an
between payers, providers, ad-hoc analyses, and executive • Stop-loss practice/complex extension of the HR beneits/
employers and consumers. dashboards claims inance teams
• Employers able and willing to • Financial and impact analysis • Multiyear planning/GPS/ • Comprehensive onboarding and
take more of an “activist” role for, best-in-class vendors strategy discussion support process
in their health plans. Changing (discounts/access), clinical
of structure with the removal programs, etc. • Wellness and healthcare • Absence management expertise
of barriers as opposed to • Infolock/utilization review consumerism (education, • HR technology outsourcing and
incentivizing. “Path of Least (Lockton’s data warehouse); transparency, advocacy services, insourcing
Resistence” ability to intake, normalize, and clinical management, and • Compliance support/Health
• Drive down cost and increase analyze historical, current and engagement) Reform Advisory Practice
customer satisfaction through ongoing medical, pharmacy, on- • Continued focus around current
alternative networks, navigation site clinic, and eligibility data on-site clinic • Marketing/vendor evaluation/
and steerage and targeted • Industry and geography speciic • Specialized pharmacy analytics best-in-market tool
intervention. benchmarking (retail, logistics, and resources which includes • On-site enrollment support
local, etc.) best-in-class contract terms,
transparency, clinical, etc.,
as part of the self-funded
migration
E.C. Barton — Lockton Employee Beneits Practice overview 4 Lockton Companies
E.C. Bar’s top priorities (what we heard)
INNOVATION AND ANALYTICS AND COST/EXPENSE ADMINISTRATIVE AND
STRATEGIC CONSULTING BENCHMARKING MANAGEMENT VENDOR MANAGEMENT
• Understanding and • Customized actuarial services • Identifying savings • Day-to-day service with local
communicating the healthcare and inancial reporting, e.g., opportunities through clinical resources
landscape and the relationship monthly reporting packages, management and consumerism • Trusted advisor to be an
between payers, providers, ad-hoc analyses, and executive • Stop-loss practice/complex extension of the HR beneits/
employers and consumers. dashboards claims inance teams
• Employers able and willing to • Financial and impact analysis • Multiyear planning/GPS/ • Comprehensive onboarding and
take more of an “activist” role for, best-in-class vendors strategy discussion support process
in their health plans. Changing (discounts/access), clinical
of structure with the removal programs, etc. • Wellness and healthcare • Absence management expertise
of barriers as opposed to • Infolock/utilization review consumerism (education, • HR technology outsourcing and
incentivizing. “Path of Least (Lockton’s data warehouse); transparency, advocacy services, insourcing
Resistence” ability to intake, normalize, and clinical management, and • Compliance support/Health
• Drive down cost and increase analyze historical, current and engagement) Reform Advisory Practice
customer satisfaction through ongoing medical, pharmacy, on- • Continued focus around current
alternative networks, navigation site clinic, and eligibility data on-site clinic • Marketing/vendor evaluation/
and steerage and targeted • Industry and geography speciic • Specialized pharmacy analytics best-in-market tool
intervention. benchmarking (retail, logistics, and resources which includes • On-site enrollment support
local, etc.) best-in-class contract terms,
transparency, clinical, etc.,
as part of the self-funded
migration
E.C. Barton — Lockton Employee Beneits Practice overview 4 Lockton Companies
