WorkiQ Workforce Analytics Solution Brief - Health Plan Membership & Enrollement

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©Copyright 2015 OpenConnect Systems Inc. OpenConnect Systems Inc. 2711 LBJ FWY, Suite 700 Dallas, Texas 75234 Membership & Enrollment Challenge Administrative costs for all Health In- surance providers are changing dra- matically in the new competitive land- scape for the ACA individual market vs. the traditional group markets. Ad- ministrative expenses average 19% of the premium in the individual market, 13% of the premium in the small group market, and 9% of premium in the large group market. Additionally, labor costs required to assist individuals continue to rise as 60% of Plans report eligibility and enrollment assistance required. On average this is one to two hours per in- dividual enrollment. The costs are broken down into several factors: Costs of FTEs manning enrollment centers High enrollment times and costly Assister programs Unpredictable flow of enrollment applications Solution The key to reducing operational costs is identifying and improving the efficien- cy of the processes and work activities to complete an enrollment. WorkiQ provides the detailed opera- tional intelligence and workforce ana- lytics needed to improve productivity. WorkiQ Workforce Analytics identifies the following in real-time: Average units of work and average time to complete specific process- es. This helps to identify poten- tial bottlenecks and productivity drains. Processes and work steps that can be eliminated or automated to im- prove throughput and accuracy. Categories of work and member- ship staff productivity. This en- ables membership managers to perform “in the moment coaching” and balanced work allocation. Benefits The WorkiQ solution provides event- based intelligence to quickly lower the overall costs of operations. Benefits include: Compare “true” employee produc- tivity by taking into account the mix and complexity of the work they handle View most frequently utilized ap- plications and websites in real-time Identify productive activities and time spent by associates in these activities Compare all associates on multi- ple types of productivity and work items Evaluate FTE utilization Improve your employee engage- ment and accountability Automate desktop activities or augment the user as they perform their job function WorkiQ® makes it easy to understand and visualize employee performance. It enables the organization to go beyond simple statistics and self-reporting, cre- ating actionable insights that drive real improvements within your business. About The WorkiQ® solutions drive produc- tivity improvements throughout your workforce. WorkiQ® Workforce Analyt- ics provides visibility across the organi- zation of what, how much, and how ef- fective employees complete their work. Only WorkiQ® provides the visibility to know exactly what work is being done, how it is actually being done, and the quantitative measures required to im- prove workforce productivity. Solution Brief - Health Plans (972) 888-0407 www.workiq.com @MyWorkiQ

Transcript of WorkiQ Workforce Analytics Solution Brief - Health Plan Membership & Enrollement

Page 1: WorkiQ Workforce Analytics Solution Brief - Health Plan Membership & Enrollement

©Copyright 2015 OpenConnect Systems Inc.

OpenConnect Systems Inc.2711 LBJ FWY, Suite 700Dallas, Texas 75234

Membership & Enrollment

ChallengeAdministrative costs for all Health In-surance providers are changing dra-matically in the new competitive land-scape for the ACA individual market vs. the traditional group markets. Ad-ministrative expenses average 19% of the premium in the individual market, 13% of the premium in the small group market, and 9% of premium in the large group market. Additionally, labor costs required to assist individuals continue to rise as 60% of Plans report eligibility and enrollment assistance required. On average this is one to two hours per in-dividual enrollment.

The costs are broken down into several factors:• Costs of FTEs manning enrollment

centers • High enrollment times and costly

Assister programs• Unpredictable flow of enrollment

applications

SolutionThe key to reducing operational costs is identifying and improving the efficien-cy of the processes and work activities to complete an enrollment.

WorkiQ provides the detailed opera-tional intelligence and workforce ana-lytics needed to improve productivity.

WorkiQ Workforce Analytics identifies the following in real-time:• Average units of work and average

time to complete specific process-es. This helps to identify poten-tial bottlenecks and productivity drains.

• Processes and work steps that can be eliminated or automated to im-prove throughput and accuracy.

• Categories of work and member-ship staff productivity. This en-ables membership managers to perform “in the moment coaching” and balanced work allocation.

BenefitsThe WorkiQ solution provides event-based intelligence to quickly lower the overall costs of operations.

Benefits include:• Compare “true” employee produc-

tivity by taking into account the mix and complexity of the work they handle

• View most frequently utilized ap-plications and websites in real-time

• Identify productive activities and time spent by associates in these activities

• Compare all associates on multi-ple types of productivity and work items

• Evaluate FTE utilization• Improve your employee engage-

ment and accountability• Automate desktop activities or

augment the user as they perform their job function

WorkiQ® makes it easy to understand and visualize employee performance. It enables the organization to go beyond simple statistics and self-reporting, cre-ating actionable insights that drive real improvements within your business.

AboutThe WorkiQ® solutions drive produc-tivity improvements throughout your workforce. WorkiQ® Workforce Analyt-ics provides visibility across the organi-zation of what, how much, and how ef-

fective employees complete their work. Only WorkiQ® provides the visibility to know exactly what work is being done, how it is actually being done, and the quantitative measures required to im-prove workforce productivity.

Solution Brief - Health Plans

(972) 888-0407

www.workiq.com

@MyWorkiQ