Page 22 - Erlanger Health System
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Benchmarking
Benchmarking resources
Lockton has numerous sources of plan
Lockton has numerous sources of plan design benchmark data Comparative plan mapping (CPM)
Internal Lockton data
design benchmark data analysis
˗ Financial services industry benchmarking
• Internal Lockton data
˗ Plan design, contributions, funding, total cost, • Relative quality and cost of health plans
wellness and other program trends • Illustrates your plans relative to
−
Healthcare industry benchmarking
˗ Utilization, medical and Rx cost −
−
Plan design, contributions, funding, total cost, wellness and other
˗ Clinical and best outcomes compliance − Your industry’s average
program trends
Competitor speciic plans
˗ Lockton’s benchmarking is based on real- time client information; • X Axis: Left to right reads lower actuarial values to higher actuarial
−
Utilization, medical, and Rx cost
therefore, we’re able to see current benefit trends as opposed to solely
Benchmarking resources • Y Axis: Base to top reads lower (affordable) employee contributions to
−
Clinical and best outcomes compliance
utilizing national benchmarking reports which are typically lagged 12 - values (richer plans)
16 months
−
Lockton’s benchmarking is based on real-time client information;
2019 Lockton National Employee Benefit Survey
higher employee contributions
therefore, we’re able to see current beneit trends as opposed to
solely utilizing national benchmarking reports which are typically
External surveys
2020 Lockton National Employee Benefit Survey (recently released)
lagged 12-16 months
Lockton has numerous sources of plan design benchmark data
˗ Lockton has access to more than 50 national surveys
• 2019 Lockton National Employee
Beneit Survey
Internal Lockton data Comparative plan mapping (CPM) analysis
• 2020 Lockton National Employee
˗ Financial services industry benchmarking Relative quality and cost of health plans
˗ Plan design, contributions, funding, total cost, Beneit Survey (recently released)
• External surveys
wellness and other program trends Illustrates your plans relative to
−
Lockton has access to more than
˗ Utilization, medical and Rx cost ˗ your industry’s average
˗ competitor specific plans
˗ Clinical and best outcomes compliance 50 national surveys
X Axis: Left to right reads lower actuarial values to higher actuarial values
˗ Lockton’s benchmarking is based on real- time client information;
(richer plans)
therefore, we’re able to see current benefit trends as opposed to solely
Y Axis: Base to top reads lower (affordable) employee contributions to higher
utilizing national benchmarking reports which are typically lagged 12 -
employee contributions
16 months
2019 Lockton National Employee Benefit Survey 1
2020 Lockton National Employee Benefit Survey (recently released)
Pro\2019\LIPO LIfePoint\19Health Capabilities 23271.pptx 22 Lockton Companies
External surveys
˗ Lockton has access to more than 50 national surveys
Comparative plan mapping (CPM) analysis
Relative quality and cost of health plans
Illustrates your plans relative to
˗ your industry’s average
˗ competitor specific plans
X Axis: Left to right reads lower actuarial values to higher actuarial values
(richer plans)
Y Axis: Base to top reads lower (affordable) employee contributions to higher
employee contributions
1
Pro\2019\LIPO LIfePoint\19Health Capabilities 23271.pptx
Benchmarking resources
Lockton has numerous sources of plan
Lockton has numerous sources of plan design benchmark data Comparative plan mapping (CPM)
Internal Lockton data
design benchmark data analysis
˗ Financial services industry benchmarking
• Internal Lockton data
˗ Plan design, contributions, funding, total cost, • Relative quality and cost of health plans
wellness and other program trends • Illustrates your plans relative to
−
Healthcare industry benchmarking
˗ Utilization, medical and Rx cost −
−
Plan design, contributions, funding, total cost, wellness and other
˗ Clinical and best outcomes compliance − Your industry’s average
program trends
Competitor speciic plans
˗ Lockton’s benchmarking is based on real- time client information; • X Axis: Left to right reads lower actuarial values to higher actuarial
−
Utilization, medical, and Rx cost
therefore, we’re able to see current benefit trends as opposed to solely
Benchmarking resources • Y Axis: Base to top reads lower (affordable) employee contributions to
−
Clinical and best outcomes compliance
utilizing national benchmarking reports which are typically lagged 12 - values (richer plans)
16 months
−
Lockton’s benchmarking is based on real-time client information;
2019 Lockton National Employee Benefit Survey
higher employee contributions
therefore, we’re able to see current beneit trends as opposed to
solely utilizing national benchmarking reports which are typically
External surveys
2020 Lockton National Employee Benefit Survey (recently released)
lagged 12-16 months
Lockton has numerous sources of plan design benchmark data
˗ Lockton has access to more than 50 national surveys
• 2019 Lockton National Employee
Beneit Survey
Internal Lockton data Comparative plan mapping (CPM) analysis
• 2020 Lockton National Employee
˗ Financial services industry benchmarking Relative quality and cost of health plans
˗ Plan design, contributions, funding, total cost, Beneit Survey (recently released)
• External surveys
wellness and other program trends Illustrates your plans relative to
−
Lockton has access to more than
˗ Utilization, medical and Rx cost ˗ your industry’s average
˗ competitor specific plans
˗ Clinical and best outcomes compliance 50 national surveys
X Axis: Left to right reads lower actuarial values to higher actuarial values
˗ Lockton’s benchmarking is based on real- time client information;
(richer plans)
therefore, we’re able to see current benefit trends as opposed to solely
Y Axis: Base to top reads lower (affordable) employee contributions to higher
utilizing national benchmarking reports which are typically lagged 12 -
employee contributions
16 months
2019 Lockton National Employee Benefit Survey 1
2020 Lockton National Employee Benefit Survey (recently released)
Pro\2019\LIPO LIfePoint\19Health Capabilities 23271.pptx 22 Lockton Companies
External surveys
˗ Lockton has access to more than 50 national surveys
Comparative plan mapping (CPM) analysis
Relative quality and cost of health plans
Illustrates your plans relative to
˗ your industry’s average
˗ competitor specific plans
X Axis: Left to right reads lower actuarial values to higher actuarial values
(richer plans)
Y Axis: Base to top reads lower (affordable) employee contributions to higher
employee contributions
1
Pro\2019\LIPO LIfePoint\19Health Capabilities 23271.pptx