Look at Your Data, Lower Your Costs: OCI Featured in DMEC’s @Work Magazine!
Expensive changes to health plans from new laws such as mental health parity and health reform are forcing employers to look for savings across every department in their organization.
Often, an enterprise will look to making changes in their benefit plans to save money – and disability plans offer a lot of opportunities for savings. But, choosing the correct plan elements to adjust poses a challenge for most organizations. How can they determine which plan changes would save the most money?
In this month’s issue of DMEC’s @Work magazine, OCI’s David Spring explains how one employer took a data-driven and analytic approach to changing their disability plans. He explains how looking at the data helped uncover their true cost-drivers and shares the millions of dollars in savings they could realize.
Log in to read the article at DMEC.org!
Want more from OCI? Stop by Booth 40 at the 2012 DMEC Annual Conference or register attend our session “Leveraging Technology to Manage & Track FMLA Efficiently,” co-presented with Rich Silva of FedEx Ground.