THE DATA IS THE PROBLEM AND THE OPPORTUNITY 

HOW IT WORKS. 

Ownership and control starts with connecting disparate data silos

We start by creating a elastic relational data warehouse, which lives in an extremely secure encrypted environment on a cloud-based portal. Each client has their own database which accepts feeds from Ben Admins and Carriers. This allows data to be blended and normalized for continuous (multi-period) in-depth data analysis and lifetime storage.

FROM YOUR DATA WE

ANSWER 3 KEY QUESTIONS

THE POWER OF WHAT IF?

Explore “What if” scenarios for plan configuration in minutes,
not months – designed to a plan, a population or both.

Coupled with faster and more accurate predictive risk scoring the Optimizer can quickly run “What If” scenarios for plan configuration; premium equivalence rates, stop loss deductibles modeled around an employer’s budget constraint, and supplemental products.  All tethered to the overall plan design and leveraging internal or third-party data.

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BST’s Optimizer analyzes the criteria that you set; your population, your target spend, the providers you want to use, the benefit options...  We calculate millions of potential scenarios in minutes to identify the impact of plan variables, eliminate misaligned incentive influencers, and optimize risk under uncertainty – to deliver a customized, actionable plan.

AN OPTIMIZED PLAN

IS AN INTELLIGENT PLAN 

BST applies its proprietary Robust Optimization algorithm to combine employers’ existing healthcare with predictive modeling that stratifies risk and identifies cost drivers – producing key insights for benefit administrator strategies. The system recommends medical plan designs tailored to the specific healthcare needs of the employee population, taking into account future predictions about population health and financial shifts to contain costs and maintain quality of care and benefit levels. 

Products and services
  "We asked plan sponsors a simple question; “How much do you want to spend on your employee health plan next year?” Most responded; “No one has ever asked me that before!”  We believe that it’s a question that should be asked. And we can help them shape the answer.

- Marc D. Kutter

Director of Sales