Knowing your organization’s number of annual claims per employee is an important piece in understanding its medical cost drivers.
When viewed in conjunction with cost per claim, you can quickly assess if an upward surge in medical claims per employee is due to increased utilization, rising cost of claims, or both. Once that’s determined, you can more effectively address the associated cost drivers.
Let us know if you would like to learn more about how to improve your score in this area.
*From Chelko Consulting Group’s proprietary database of employer results.
“Keeping Score” is an ongoing series where we share findings from our work on employer-sponsored health plans, so you have the opportunity to compare how your plan is performing relative to others. We hope you find it beneficial. Because, after all, you can’t manage what you don’t measure.