WHAT WE KNOW - AND WHAT WE LEARN -
WILL BE VALUABLE TO YOUR COMPANY

DATA COLLECTION & REPORTING PRACTICE

Changing carriers and cost-shifting are familiar to many companies as a method of meeting the bottom line. But in taking the "fast fix," what are you missing? Thorbahn's processes provide a broader understanding of your company's distinctive health care investment. We diagnose the real cost drivers within your plan - and suggest meaningful ways to improve.

In one example, a new client came to us with a history of 12-15 percent increases in expected claims. Since the previous broker annually marketed the Stop Loss and Administration for the most competitive bids, the client assumed this was the norm. However, Thorbahn was able to secure a 10-12 percent reduction in claims - without altering the plan design - by simply changing networks. Not only was employee satisfaction high, but financial targets were also met.

Due to our ongoing data analytics - presented through concise reports - Thorbahn clients are privy to new insights and opportunities. Our process allows us to compare health plans in any region and use these results to reveal true cost. Through the evaluation of data, we are able to effectively challenge renewal and underwriting assumptions.