WHY CHARON PLANNING
Case Studies: Analysis
A large Pennsylvania-based health services provider
Our client was seeking a way to reduce their prescription
drug benefit costs. Charon Planning performed a thorough analysis of the company's current program
and utilization and initiated a comprehensive PBM marketing effort.
Through Charon Planning's analysis, marketing efforts and
provider negotiations, the organization reduced its prescription drug benefit costs by over $800,000.
A national manufacturer of commercial and residential construction
products
Our client was approaching their medical premium
settlement and the insurance company initially used their standard methodology for calculating
annual claim reserve requirements. Charon Planning challenged the carrier's standard calculations
and performed a claim reserve analysis based on a combination of current data and emerging experience.
As a result of Charon Planning's claim reserve analysis
and intervention with the carrier, the client saved nearly $500,000 on their annual medical premium
settlement.
An East Coast employer with 1000 employees
Charon Planning performed an in-depth analysis of
a new client's prior premium billing and payments. We discovered carrier billing/invoicing errors
that had gone undetected by the client's previous broker.
Charon Planning requested a reconciliation from the carrier
as well as a premium overpayment refund. The client received a premium refund of nearly $40,000.
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