Dupage Policy Journal

According to Everlong Captive, Captive Health Insurance, it's no longer sufficient to invest in what's working today, you must also be able to leverage analytical insights to successfully navigate what's working tomorrow and just as importantly, what's not working and should be divested from.

According to Everlong's website, the company has partnered with Springbuk, a health data analytics solution, to identify and analyze variables that contribute to claims. Springbuk can also identify gaps in compliance for chronic conditions and preventative care, and also predict future claims.

"Everlong has partnered with Springbuk in order to get an edge on their competitors. This is to ensure that Everlong captive members are provided with full access to a powerful health analytics platform," the company states. "When it comes to health and financial outcomes, you need all the insights you can get to provide the best data-driven recommendations for your client."

Program features include: Insights, an analytics platform which identifies savings opportunities; answers, a data analytics tool to dive deep into cost drivers; standard and custom reporting options and plan design modeler.

Access to Springbuk will provide deeper insights into clients’ benefits plan to identify areas of risk and implement countermeasures.

According to a study by the Society for Human Resource Management (SHRM), nearly 90% of companies leverage health care benefits as part of their talent acquisition strategy.

Everlong offers the premier version to all members at no cost to help clients understand their health care spend like never before.