Data is Power
Large employers, as plan sponsors, have the power to transform American healthcare by accessing and analyzing essential data through tools like the Abett Lockbox.
Data is Power
"You can have data without information, but you cannot have information without data.”
- Daniel Keys Moran
We all want to change American healthcare.
Large employers are in the best position to do so. As plan sponsors, you hold the purse strings. You are the biggest private consumer of healthcare.
What’s holding you back? You lack an essential ingredient: data.
Provider systems have broad datasets on their patients. Plan administrators have deep data on large populations.
You deserve the same access to your data.
Yet, you’re at a disadvantage at every step because you must purchase healthcare in a system in which everyone else knows more than you.
It's asymmetric information at its worst. It explains why employers pay more in healthcare costs each year while employees continue to lose out.
However, you aren’t at fault.
Confusion over laws like HIPAA has led to the false narrative that employers cannot access the claims data they need.
In reality, you have a right – even a fiduciary responsibility under ERISA – to obtain and analyze all benefits data to optimize care and costs.
The Abett Lockbox levels the playing field, giving employers access to the data they need, control over it, and the best tools to analyze it.
Data potentia est. Data is power.
Data is Power
"You can have data without information, but you cannot have information without data.”
- Daniel Keys Moran
We all want to change American healthcare.
Large employers are in the best position to do so. As plan sponsors, you hold the purse strings. You are the biggest private consumer of healthcare.
What’s holding you back? You lack an essential ingredient: data.
Provider systems have broad datasets on their patients. Plan administrators have deep data on large populations.
You deserve the same access to your data.
Yet, you’re at a disadvantage at every step because you must purchase healthcare in a system in which everyone else knows more than you.
It's asymmetric information at its worst. It explains why employers pay more in healthcare costs each year while employees continue to lose out.
However, you aren’t at fault.
Confusion over laws like HIPAA has led to the false narrative that employers cannot access the claims data they need.
In reality, you have a right – even a fiduciary responsibility under ERISA – to obtain and analyze all benefits data to optimize care and costs.
The Abett Lockbox levels the playing field, giving employers access to the data they need, control over it, and the best tools to analyze it.
Data potentia est. Data is power.
See what Lockbox can do for you.
Book a call and learn why Fortune 500 companies rely on Lockbox to solve their unique benefits challenges.
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