Data Analysis

HORAN has placed strong emphasis on developing a team of financial analysts to help our clients understand how their benefits strategies can affect overall business goals and objectives.

HORAN’s financial data analysts have the experience and flexibility to create quarterly, customized benefits reports to help navigate the health care landscape and provide data to support plan design changes, renewal negotiations and overall utilization. Our analysts do more than “put together bids”.  They provide customized and detailed reporting that summarizes your utilization patterns and trends.  These patterns, monitored on an ongoing basis, are used for future planning decisions.
 
This team reviews the following for our clients:

• Plan utilization to identify where benefit dollars are spent
• Administrative and claims costs on a month-by-month basis
• Large claimant information and shock loss probability
• Discount analysis
• Impact of potential contribution and funding changes
• Renewal formulas to ensure the client pays a fair and equitable rate