We will partner with you to identify, implement, and measure targeted solutions based on your specific population to help build a culture of health and mitigate medical trend.
Analytics & Actuarial
Data and analytics are at the center of everything we do for our clients. We specialize in analyzing your data to identify opportunity areas and we partner with your team to execute against strategic objectives.
Our actuaries and underwriters have vast experience in program construction, funding analysis, renewal examination, and financial reporting. We use data-driven insights to modernize your program eliminating waste, minimizing carrier profiteering, and delivering exceptional results.
Our actuarial team will review your financial plan performance, forecast renewals, and model plan alternatives to optimize your medical benefits.
- Self-funded feasibility analysis
- Stop-loss analysis
- Contribution modeling and benchmarking
- Forensic renewal review
- Actuarial value calculations
- Financial reporting and dashboards
- Budget projections
- Rate development
- IBNR reserve estimate
- Plan design relativities
- Trends by market size
- Demographic studies
WHY WORLD BENEFITS CONSULTING?
“In today’s environment of rising healthcare costs, the ability to design impactful benefit programs, improve the health outcomes of employees, and ultimately achieve better value for your healthcare dollars is reliant on robust data analytics capabilities. Our analytical approach transforms complex information into actionable intelligence.”
– David Stoddard, FSA, MAAA, Director of Analytics and Actuarial Services
FORENSIC UNDERWRITING FOR BETTER RESULTS (0:43)
“We analyze renewals and negotiate price-points based on actuarial standards.”
– Mike Barton, Chief Growth Officer, Employee Benefits Practice
Our compliance specialists provide ongoing compliance consulting to keep you apprised of changing legislation and regulations that affect your programs.
Dedicated communication strategists build benefit and wellness communications with messaging that aligns to your culture and engages your employees.