Data Analysis

Our MedAnalyzer suite of health care analytics can help you make better decisions and negotiate lower rates on your self-funded medical plan. This sophisticated, proprietary suite consists of three unique tools to analyze your group health claims data from your carrier or TPA. Increase the quality and quantity of your health plan decisions with MedReport, MedDrill and MedModel, available only through BancorpSouth Insurance Services agencies.

MedReport consists of approximately 30 exhibits that provide a baseline to locate the cost drivers of your group health plan. Identifying the cost drivers is the first step toward controlling medical costs by careful plan design and changes to the provider network.
        
MedDrill allows you to dig deeper to discover cost savings while maintaining a competitive health plan. With this tool, you can produce an additional 107 reports that provide in-depth information to help inform your tactics to achieve better plan management.

MedModel enables you to test your hypotheses about changes in plan design built upon the information gained in MedReport and MedDrill. Enter your current plan design as well as an unlimited number of alternative plan designs to see detailed numbers and learn the impact of your decisions before they’re implemented.