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"Providing access to the PLANselect tool generally results in fewer calls to HR, more peace of mind and significant savings for employees," remarked Wayne Wall, CEO of Flimp Media.
BOSTON, MA, February 02, 2017 /24-7PressRelease/ -- Flimp Communications, a leader in digital HR and employee benefits communications, announced today the availability of PLANselect(R), a web-based employee benefits plan decision-support tool. Developed by a physician and other industry experts at Clearview Logix, it helps employees choose the health plan that will likely result in the lowest overall cost and best value given anticipated medical needs. After answering a few multiple-choice questions, the proprietary algorithms provide a personalized financial analysis and plan comparison, which considers premiums, employer HSA contributions and expected out-of-pocket costs (co-pays, deductibles).
"Selecting the right healthcare plan has become increasingly complex. With higher deductibles, rising premiums and ever-changing medical plan options, employees want access to simple, unbiased, analytical tools that can help them make better choices when it comes to selecting the optimal benefits plan for their circumstances. Providing access to the PLANselect tool generally results in fewer calls to HR, more peace of mind and significant savings for employees," remarked Wayne Wall, CEO of Flimp Media. "And the entire process takes only 3-4 minutes to complete compared to 30-40 minutes for popular video-avatar-style products."
To try PLANselect, visit the demo site.
Compared to first-generation decision-support tools, PLANselect has the following advantages:
1. It provides unbiased, credible, independent data that users can trust. Rather than steer employees to a "preferred" plan, they get impartial information based on their actual needs.
2. PLANselect uses multiple algorithms to forecast the total expected cost of care. This is important, as it factors in considerations like current medical conditions, anticipated needs, the financial costs of each plan option and HSA or HRA contributions provided by the employer. Plus, it takes into account episodic costs like labs, scans, supplies and so on, which calculator-based decision-support tools often overlook.
3. It ranks benefits plans from best fit to least-best fit based on the highest value. That is, determining which plan gives the employee and their dependents the best medical coverage for the lowest total cost. And it provides users with all the supporting financial data they need to understand how and why particular recommendations were made.
In addition, PLANselect is faster and easier to implement and costs 30-40% less per employee than interactive video-based products, making it affordable for employers with fewer than 2,000 employees. And for broker partners, we do all the set up and implementation for their customers.
"Partnering with Clearview Logix to add benefits decision-support solutions to our product line enables us to better serve our clients' communication needs. It's the perfect complement to our existing suite of video products, employee communication campaigns and analytics software. We now offer end-to-end solutions for employee engagement and benefits communications for employers and consultants," commented Wall.
About Flimp Media and Flimp Communications
Flimp Media, Inc., is a video and multimedia communications company with offices in Boston, MA, Denver, CO, and San Francisco, CA. Flimp Communications, a division of Flimp Media, provides employee benefits videos and communication solutions to employers, benefits brokers, insurance carriers and healthcare providers. Our customers include many Fortune 500 companies, SMBs, technology startups, healthcare and financial services companies, universities and nonprofits. Our award-winning FLIMP(R) content-communications platform enables users to create, distribute and track interactive video and branded multimedia content without any programming or IT resources for corporate, internal and marketing communications. For more information, please visit flimp.net and flimpcommunications.net. For more information about Clearview Logix, visit clearviewlogix.com.
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