Page 18 - Bird RFP Response_Burnham Benefits
P. 18

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.




                                                                                                           18
   13   14   15   16   17   18   19   20   21   22   23