Last week I taught you about two reports in the "Blue Insight - Monthly Financial Report" that I use to predict an employer's health insurance renewal far in advance of the actual renewal.
This week, I'm giving you an overview of the High Cost Claim report. Blue Cross Blue Shield of Illinois defines a high cost claim as over $50,000 in paid claims. If you don't have strategies to manage your high cost claims, you will continue to be frustrated and surprised by your health insurance renewals.
In this video, you'll learn some of the crucial information in these reports and how you can use this data to help build a strategy before your next health insurance renewal.
P.S. This is a friendly reminder to request your "Blue Insight - Monthly Financial Report" if your health insurance plan is with Blue Cross Blue Shield of Illinois.