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Relative Value Index
Line of Business: Health & Welfare, Pharmacy, Retirement and Co-Sourcing
Purpose: A series of interelated reports that are designed to model the relative differences in plan design and costs between current state, emerging market ("straw man") and future state. The relative value index is especially helpful in determining plan prevalence by market and predictive costs . It serves as a tool for insured or self-funded clients.
Results: This set of reports produces meaningful information to management, and provides clients with "What if" scenarios on the future design and costs of all of its programs.