Aon’s national analytics team is your partner in telling the story behind the numbers. We provide data, actionable numbers, and information that tells the inside story of your people and business performance.
Our experts excel at providing intensive analysis of your benefits plan usage (benefits analytics) and will use that information to help you determine and drive a suitable strategy. The team will use Aon’s proprietary tools to identify patterns, help you understand cause and effect, and view the data over an extended time period to give you measurable estimates of what to expect from different changes.
Our analytics tools include:
3Cs – claims, costs, conditions: 3C alignment is an integrated data analytical process that aligns claims data by health condition, and identifies opportunities for improvement of modifiable disease risk.
Benefit Index: Aon's Benefit Index contains summaries of benefit plans from approximately 400 organizations across a variety of industries and geographies. By benchmarking the relative value of your organization's benefit program to your comparators, you gain a wealth of invaluable insight to guide your benefit design decisions.
Benefit SpecSelect: Aon's Benefit SpecSelect provides quick and easy benefit design comparisons with the programs of any organization in our database.
Claims Audit: Our proprietary audit process and technology is used to analyze 100% of claims – not a sample. Transactional level claim history is re-adjudicated to uncover and quantify benefit coding errors, manual adjudication errors, exception process, and internal administrative rules that result in claims being paid outside of the contract terms.
Drug Utilization Review (DUR): A DUR will pinpoint the reasons for high drug costs, identify the sources of increases, and provide recommendations to help manage the costs so that the plan remains sustainable over the long-term.
Predictive Cost Model (PCM): Aon's PCM is a dynamic real-time plan forecasting tool that includes modeling of uncertainties such as funding, inflationary growth, and plan design changes by simulating different scenarios on demand.
Relative Cost Index: Aon's Relative Cost Index (RCI) tool integrates the health (drug, extended health, disability) data of your organization and enables you to compare the actual costs of your benefits program to the expected costs based on your age and gender profile.