Siegel Consulting
Siegel Consulting
New York, New York, United States
New York United States
Founded:
1939
Siegel Consulting
New York, New York, United States
New York United States
Founded:
1939
  • Segal Consultings research found PBMs prior authorization denial rates for specialty Rx vary widely. See the ranges and medians for 10 therapeutic classes. http://ow.ly/Gpjp30hoXUj
  • Most multiemployer plans are in the green zone and have a funded percentage above 70 percent. Many plans are fully funded. Theres also a clear correlation between funded percentage and zone status. The construction industry as a whole remains overwhelmingly healthy. http://ow.ly/mShj30hkvQp
  • As public sector DC plans continue to grow in size and complexity, sponsors need to strengthen their focus on operational risk. Managing operational risk matters because the potential consequences of failing to adequately address operational risk can be severe. Moreover many experts believe that operational risk is the leading cause of reputation risk. Effective management of operational risk may lead to improved service quality, reduced costs, improved participant decision making and better compliance. Moreover, it can help to improve stakeholder confidence, which, in turn, may help to position the DC plan for continuously improved outcomes across key goals. Learn about a framework for managing operational risk in DC plans. http://ow.ly/9WuJ30fv8sv
  • Prescription drug benefit plan cost trends are projected to be less severe for 2018. Medical plan trends are projected to be slightly higher than 2017 projections. Whats the leading driver of trend? Download our annual health cost trend survey report for details. http://ow.ly/Hhih30frDry

Segal Consultings research found PBMs prior authorization denial rates for specialty Rx vary widely. See the ranges and medians for 10 therapeutic classes. http://ow.ly/Gpjp30hoXUj

Most multiemployer plans are in the green zone and have a funded percentage above 70 percent. Many plans are fully funded. Theres also a clear correlation between funded percentage and zone status. The construction industry as a whole remains overwhelmingly healthy. http://ow.ly/mShj30hkvQp

As public sector DC plans continue to grow in size and complexity, sponsors need to strengthen their focus on operational risk. Managing operational risk matters because the potential consequences of failing to adequately address operational risk can be severe. Moreover many experts believe that operational risk is the leading cause of reputation risk. Effective management of operational risk may lead to improved service quality, reduced costs, improved participant decision making and better compliance. Moreover, it can help to improve stakeholder confidence, which, in turn, may help to position the DC plan for continuously improved outcomes across key goals. Learn about a framework for managing operational risk in DC plans. http://ow.ly/9WuJ30fv8sv

Prescription drug benefit plan cost trends are projected to be less severe for 2018. Medical plan trends are projected to be slightly higher than 2017 projections. Whats the leading driver of trend? Download our annual health cost trend survey report for details. http://ow.ly/Hhih30frDry

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