Challenge
Health care costs are rising between 4-8% annually. To make matters worse, Purdue University is in Indiana, one of the most expensive U.S. states for health care.1 These factors placed a huge strain on the university’s benefits program, which supports a diverse employee population. The benefits team was under pressure to control costs without sacrificing quality.
Solution
Purdue’s board of trustees set ambitious efficiency targets. Purdue implemented Benefitfocus Benefitplace, providing employees a personalized enrollment experience as well as access to voluntary benefits to supplement health plans. The benefits team used the platform’s analytics tools in partnership with their broker to mine the university’s data, identify areas for improvement and ensure suppliers were providing strong value.
Results
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Gained deep insight into the university’s population and claims data using Benefitplace Health Insights
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Developed programs to combat the rising cost of health care by embracing technology and actively partnering with their broker
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Empowered employees to select the ideal benefits for their needs and become better consumers of health care
“When you think about health care costs and saving money, you really have to dig into the data to find areas for improvement. The analytics in Benefitplace are great for this. Health care is confusing, so if you’ve got something like this that makes it easy, use it.” -Senior Direct of Benefits, Purdue University
Download the full success story to learn more about Purdue partnered with Benefitfocus to combat rising health care costs.