MedBen will use the web-based predictive modeling and data analytics program to analyze existing claims data to identify and report on quality and cost metrics. Specifically, it will use Sightlines to understand cost and utilization drivers, determine medical and pharmacy cost saving opportunities, identify gaps in care and disease burden, benchmark clinical, financial and utilization metrics and facilitate employer reporting.
"The Verisk Health solution will enable us to help our clients identify risks and develop strategies to reduce health risk and spending while maximizing the overall value of their benefit programs," Doug Freeman, president and CEO of MedBen, says in a statement.
Nathan Golia is senior editor of Insurance & Technology. He joined the publication in 2010 as associate editor and covers all aspects of the nexus between insurance and information technology, including mobility, distribution, core systems, customer interaction, and risk ... View Full Bio