Blog Article
EMPLOYERS & BUSINESSES
Employee Benefits Analytics
Uncover cost drivers, optimize your benefits strategy, and improve employee health outcomes using powerful employee benefits analytics from OneDigital.
Unlock the potential of your data to drive impactful decision-making and transform your business.
Benchmarking & Analysis
In today’s rapidly changing environment, making data-driven decisions is a necessity.
OneDigital's National Actuarial and Analytics Team provides end-to-end support to help employers identify performance gaps and cost drivers with actionable insights to optimize spending.
Our proprietary models and expertise harness information to deliver strategic consulting for benefits plan optimization and financial planning to give employers untapped opportunities to control costs and support the health of their workforce.
- Benchmark Your Plan - Evaluate your plan performance and population characteristics against industry standards for plan design, costs, contributions and utilization.
- Uncover What Drives Your Costs – With customizable solutions for businesses of all sizes, you’ll gain visibility into claims, pharmacy costs, chronic conditions, and utilization trends to pinpoint what is driving plan spend.
- Model Future Cost and Risk – Our predictive modeling capabilities and Five Year Strategic Roadmap forecast future costs and identify trends for proactive planning.
- Test Strategies Before You Implement - Compare the cost impact of different funding strategies, plan design updates, and vendor changes using scenario modeling to aid your long-term strategy.
- Monitor Trends That Shape Renewals - Track monthly trends, utilization shifts and drivers to support a proactive renewal strategy
Analytics FAQs
From financial modeling to employee engagement insights, here’s what HR and finance leaders ask before implementing a benefits analytics solution.
It’s the use of advanced data models, benchmarks, and predictive tools to understand plan performance, forecast trends, and make informed benefits decisions.
Our benchmarking combines our proprietary Book-of-Business data with leading public and private datasets to create a comprehensive, market-specific view. This integrated approach delivers accurate, defensible comparisons tailored to each employer’s industry, size, and region.
We identify savings opportunities through a combination of data-driven analysis and long-term planning. Our 5-Year Strategic Roadmap helps us build a customized, multi-year strategy aligned with each client’s goals, using insights from claims, utilization, pharmacy, plan design, and vendor performance. This approach allows us to pinpoint the most impactful savings levers, both immediate and long-term, and create a clear plan to achieve meaningful results over five years.
You receive monthly or quarterly insights, with year-round access to our employee benefits analytics dashboard and expert guidance.
We combine our proprietary Book-of-Business data with a partnership through a leading data warehouse that provides real-time, clinically rich medical and pharmacy data. This allows us to perform deep clinical analyses including condition prevalence, gaps in care, disease progression, high-cost claimant risk, and utilization patterns, so we can identify actionable opportunities and build strategies tailored to each client. Our proprietary population health intelligence engine, fuels a communications platform that delivers customized engagement and education campaigns to drive smarter benefit utilization and healthier choices.
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