Employee Plans, LLC Utilizing Benefit Informatics Data Analytics for Client Reporting and Plan Analysis
TULSA, OK – July 9, 2012 – Employee Plans, LLC, a subsidiary of Old National Insurance, is a leading Third Party Administrator (TPA) of self-funded employee benefit plans in the Midwest.
Employee Plans recently implemented comprehensive Data Integration and Data Analytics services from Benefit Informatics to provide their customers with cutting-edge client reporting and plan analytics. Employee Plans has access to a consolidated data warehouse that brings together medical, dental and pharmacy claims, member eligibility and other health plan information in one secure location. Utilizing both standard and ad-hoc analytics functionality, Employee Plans provides customers regular plan utilization reports.
“Benefit Informatics has impressed us with their ability to consolidate multiple data sources in one data warehouse and provide us with a robust reporting analytics solution,” said Deb Eovaldi, Employee Plans Director of TPA Operations. “We utilize the BI data analytics system almost daily to assist our clients with plan analysis and our team uses the system to produce standard reports in a fraction of the time we used to spend on the process.”
Team members at Employee Plans use Benefit Informatics’ Data Analysis and Reporting platform, which features more than 50 standard reports and integrated ad-hoc reporting, to analyze member health utilization, identify cost drivers and understand trends taking place in each health plan. Because the applications allow Employee Plans users to utilize flexible date ranges and custom filtering, providing answers to customers and affiliated brokers can be accomplished in minutes.
Benefit Informatics data analytics are made available to Employee Plans through a marketing relationship with TC3 Health, Inc. a leading provider of cost-containment solutions for US healthcare payers. Philip Kurtz, President of Benefit Informatics, said Employee Plans, LLC is a premier example of TPA dedicated to innovative practices in their operations, “Employee Plans has a proven track record of providing self-funded employers with a level of service and expertise that places them among the leading TPAs in the nation. We were very pleased to be selected as a technology vendor to assist in Employee Plans’ operations.”
