Healthcare Provider and Rx Cost and Quality Transparency Service HR Specialty Products amp Services Catalogue Executive Summary A No Frills Distillation of Vendors Marketing Collateral ID: 190703
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Concierge-Type Healthcare Provider and Rx Cost and “Quality” Transparency Service
HR
Specialty Products & Services Catalogue Executive
Summary
A No Frills Distillation of Vendor’s Marketing Collateral
Thomas A Ference
President & CEO
Human Resources Mining & Distribution Co
Locating, Validating and Accelerating HR Innovation
Office: 219-662-0201
Cell: 630-240-2583
Fax: 219-661-0236
e-mail:
tference@hrmdco.com
Website:
www.hrmdco.comSlide2
Concierge-Type Healthcare Provider and Rx Cost and “Quality” Transparency Service -Online-only provider transparency systems may not be appropriate for all or portions of the employee population for a variety of reasons-For non-emergencies, this concierge service directs members to low cost provider alternatives and can: ~Locate needed physicians ~Check physician background ~Calculate & communicate member’s OOP by provider choice
~
Transfer medical records
~Schedule appointments
~Shop for prescriptions
~Administer incentives
-Call Center
is staffed only with US, college-educated CSR’s
-Can also handle dental and visionSlide3
Price-Transparency Software
The analysis provides an average of the total so the actual is generally better.
395% DifferenceSlide4
Pricing Info in User Friendly Format
$651 in savings
or
248%
You choose the option you wish to communicate; this is what you would see in an email.Slide5
Case StudyEmployer with 6000 ees wanted to move to CDHP but lacked a solid provider cost and quality transparency approach This system was deployed on January 1 and CDHP was also adopted At year end, medical claims were reduced by $13 Million -39% and pharmacy claims were reduced by $1.2 Million-17% PEPM went from $526.39 on 1-1 to
$
383.89 in December -a
difference of $
142.50Slide6
Next StepsThis product/service is contained in the HR Specialty Products & Services Catalogue™ Operational level details about this particular service provider can be obtained in conference with the vendorThe HR Mining &Distribution Co. is an independent and contracted representative of the vendorUpon your request, we will arrange for an introduction that can range from a simple, quick conference call to a services overview / system demo Tom Ference 219-662-0201 (Chicagoland area) or tference@hrmdco.com Thank you for your potential interest in this fresh thinking