Employee Online Healthcare Cost Comparison Tool

Attracting and retaining talent with the help of BenefitsToolkit — empowering employees to select the health plan most appropriate for their individual needs.

Background
A healthcare organization was implementing a consumer-driven health plan and wanted to empower their employees with a self-service decision support tool to help them identify, select, and enroll in the health plan most appropriate for their individual needs.
Challenge
Findley Davies assisted the client to engage employees as healthcare consumers by developing a web-based healthcare cost comparison modeling tool, which included spending account and life insurance needs calculators, and a dynamic comparison tool.
Solution
Findley Davies developed BenefitsToolkit.com, a decision support tool that helped the client's employees make better decisions about their health care coverage. BenefitsToolkit guides users through a series of straight-forward questions, focusing on their expected use of healthcare services for the coming plan year. Employees indicated anticipated procedures or previous year usage - such as knee surgery, pregnancy, well-care doctor visits, or prescription use. This information was then linked to an extensive healthcare database to allow the employee to see the expected cost of these services.
Results
BenefitsToolkit provided employees with an online, side-by-side comparison of their potential out-of-pocket expenses with each of the employer's offered plans, including HMO, PPO, POS, or Consumer Directed Health (CDH) plans. This decision support tool also accounted for employees' monthly healthcare contributions, co-pay expenses, and funds allocated to Flexible Spending Accounts and HSAs. BenefitsToolkit enabled the client's employees to make sound and informed decisions based on their individual healthcare needs.

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