The first step to a cost containment strategy is to identify and evaluate where there is room for improvement, so that we can then design an action plan together that would work within your organizations culture to drive results. At Echelon Advisors we have developed the tools to break down your costs, utilization and then benchmark your data vs the competition. Once there is a through understanding of where utilization is driving costs of the plan we will then be able to recommend and implement strategies to reduce costs through our proprietary employee population health management process.
Our approach is really concise: identify the cost measures, put an action plan in place, then track and monitor results monthly. We have the tools to do this for you on an intricate level.