Large National Retailer

Thanks to Lucent Health, trend has been maintained at 3% or less!

About the Client

Our client is a large national retail client with stores and offices in over 40 states and just under 3,900 employees on the plan.

Pain Points & Priorities

The client, to control costs with a former broker, had separate HMO plans in at least 30 sites in addition to a PPO network. Their biggest asset is their size but they were not leveraging that strength. They were looking for a health plan administrator who could offer operational simplification and cost control.

Why Clarity?

Finally, a health plan solution that delivers 20% or more in additional savings over a traditional PPO plan, complete access to your plan’s data on a daily basis, better benefits for your employees and an option to provide 24/7 concierge care for the member.

Impact & Results

Since moving to Lucent Health 11 years ago, trend has been maintained at 3% or less (down from their previous 12% trend) through aggressive management of claims and RX and instituting unique plan designs. They now have a daily dashboard so both the client and broker can monitor plan results in real time.

Long-Term Consideration

The client and broker are considering implementing Value-Based Pricing in one or all their plans. They are watching the possible revisions to ACA to see if other affordable health plans could be offered in the future.

Operational simplification and cost controls delivered via Lucent Health Traditional Self-Funding