cASE sTUDY

The Power of Partnerships: Make Strategic, Data-driven Vendor Decisions

When a multinational technology conglomerate’s specialty division separated to form their own entity in the energy sector, they initially inherited the same benefits resources, including vendors, carriers, and consultants.

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The Power of Partnerships: Make Strategic, Data-driven Vendor Decisions

A multinational technology conglomerate's energy sector specialty division inherited existing benefits resources when it separated from its parent company, prompting an opportunity to assess their current situation and align offerings with the organization's unique needs:

  • To evaluate options effectively, they sought a third-party partner to serve as an unbiased liaison in helping compare two carriers side-by-side
  • Springbuk became the partner, helping identify key data points such as carrier costs, efficiency, member outcomes, experience and disruption

Using Springbuk Advanced Reporting to build a complete story of both carrier scenarios based on enrollment breakdowns, demographics, risk adjustment and utilization metrics revealed further insights beyond the simplistic decision factors initially considered.

  • By consolidating all of the energy company's data in one spot and applying the Optum ERG risk scoring methodology, the Springbuk team provided them with insights needed to compare carriers and support future benefits decisions
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