Improving Patient Quality of Care and Increased Savings from an Innovative Insurance Solution.
A long-time, self-insured client had an area of concern and future opportunity: rising health plan costs were due in part to high incidences of cancer cases in recent years. What could be done to ensure quality care and reduce cost?
Hylant looked at every component of this client's healthcare program to improve quality of care while reducing cost.
Challenge
A long-time, self-insured client made several Hylant-recommended changes to its employee benefits program to stem rising costs without adversely affecting its workforce. For example, by changing its pharmacy benefits manager, the company saved 37% of the pharmacy plan spend.
However, there was one additional area of concern and future opportunity: rising health plan costs were due in part to high incidences of cancer cases in recent years.
What could be done to ensure quality care and reduce cost?
Solution
Hylant introduced the concept of an oncology management program. This service, supported by high-quality clinical cancer specialists, reviews and optimizes cancer treatment to improve patient outcomes. After much deliberation, the retailer implemented this low-cost program. Soon, it saw the benefit.
The program discovered an initial misdiagnosed cancer with a recommended expensive drug therapy. When the oncology management program personnel reviewed the plan, they rejected it. They discovered that, per National Comprehensive Care Network guidelines, the work of 31 leading cancer centers devoted to patient care, research, and education, the proposed drug was not appropriate.
After speaking with the treating physician, who agreed with the information provided, the patient was placed on a more appropriate, approved regimen. The patient enjoyed a better health outcome, and the company saved more than $300,000 on the treatment plan
Results for the Client
Improved Quality of Care
For employees diagnosed with cancer.
$600,000
Savings in year 1 from changes to pharmacy benefit management program and implementation of oncology management program.
Positioned
For outstanding negotiations with its stop loss carrier.
Innovative Solutions
If you want an employee benefits broker who will bring innovative solutions to you, it's time to talk to Hylant.
Trusted Advisors
Hylant team members are ready to advise you and help you confidently address your needs.