Page 18 - Bird RFP Response_Burnham Benefits
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Burnham Benefits Response to Bird
Request for Proposal for Benefits Broker
Services
5. What unique offerings do you offer that may be of interest to Bird?
At Burnham we recognize that while benefits are a very important factor in attracting and
retaining employees, it is not the only factor. Burnham is unique in our benefits consulting
approach and we are mindful of how benefits interact with the overarching culture of the client.
Burnham understands the importance of building an ecosystem for employees that supports
the work environment, total well-being, compensation, career opportunities, and overall
employee education and empowerment. As a company that prides itself on the importance of
culture and employee engagement, it is only natural that your Burnham team will utilize all
resources available to support Bird’s passion and employee advocacy.
Benefit Plan Design
Data mining claims patterns and demographics to drive behaviors
Communications
Address multiple medias and platforms so employees can absorb information and
move towards self-service and empowerment
Predictive Analytics
Augment budget projections with estimated claim costs based on client-specific
utilization and member-level risk scores
Identify members with several chronic conditions that are at risk for large claims,
and hold carriers and vendor partners accountable for managing these claims
appropriately
360 Rx Solution
Reprice Rx platform and evaluate Burnham’s exclusive access to a pharmacy
purchasing program that typically results in more than 10% - 20% savings on Rx
claims vs. a direct contract
Provide greater transparency and lower pricing for outpatient prescription drugs
purchased through employers’ benefit plans.
Through a non-profit employer purchasing coalition with over 800,000 covered
lives. Often these savings are achieved without even changing the current PBM.
360 Rx Solutions also provides our own pharmacist for the review and
interpretation of claims allowing for a focused response to any escalating cost or
health issues.
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