Insurcorp Indicator
A unique service offered only by Insurcorp
Insurcorp Indicator is a proprietary service offered only through Insurcorp. Reserved exclusively for our medium to large clients, it’s a way for you to measure the performance of your portfolio on a quarterly basis. With this information in hand, we can help you determine which benefits are achieving your objectives and which ones are not. In the case of the latter, the data from Insurcorp Indicator not only identifies the challenges, but also gives rise to potential solutions.
Here’s how it works: Every quarter, you receive a portfolio assessment that includes a summary report of all products within your portfolio. We aggregate all information into this single, convenient update. It’s more than raw facts and figures – it’s an actionable measurement tool for determining product performance and employee behavior patterns.
Each quarterly assessment includes information on plan utilization and accumulated cost factors. More importantly, you’ll also find reports on the top 10 reasons your employees are contacting the call center about their plan. Are they confused about their prescription benefit? Are they unhappy with the provider list? With this critical information in hand, Insurcorp will partner with you to develop revamped educational programs to eliminate confusion, seek alternative products that may be a better fit for employees’ needs, or take any necessary steps to ensure your benefits portfolio is at optimal performance.
We know that employee benefits are the second-largest line item on your books. Insurcorp Indicator enables us to maintain proper stewardship of that investment.