Changes in the benefits industry and the continued growth of consumerism have signaled a need for brokers to provide services that offer real and measurable solutions to their clients. The following press release introduces a new technology for brokers called PlanAdvisor, which offers personalized planning solutions for the client as well as a Plan Selector tool for employees to take an active role in their enrollment and health care choices.
Milwaukee, WI (HRMarketer/PRWeb) November 16, 2005 -- Zywave, Inc., a leading provider of technology products and services for insurance brokers, has released a new benefits design management tool called PlanAdvisor™, specifically for brokers to offer personalized planning solutions to their clients quickly and easily. PlanAdvisor offers benchmarking, modeling, and analysis features that allow brokers to deliver information based on industry comparison data and actuarial factors that support informed decision making to their clients.
PlanAdvisor generates management reports without carrier data feeds, analyzes the impact of plan design changes and calculates projected plan costs based on trend and claims information. It also features a Plan Selector module for employees to review their health cost estimates and make effective enrollment decisions by taking a more active role in their health care choices.
"Changes in the benefits industry and the continued growth of consumerism have signaled a need for brokers to provide services that offer real and measurable solutions to their clients," said Dave O’Brien, Executive Vice President of Sales and Marketing for Zywave. "Imagine the reaction of an employer who receives a report containing a benchmark of their current plan, the impact of possible plan design changes and future cost estimates for both medical and Rx. The broker who is prepared with this depth of information secures their trusted advisor role with that client," said O’Brien.
"PlanAdvisor technology resulted from the broker’s need to provide clients with substantiated data analysis quickly and efficiently," said Jim Emling, Executive Vice President of Zywave. "PlanAdvisor addresses this by eliminating the need for carrier data feeds that normally slow down the analysis process. Through simple data entry from carrier reports, brokers gain valuable time and efficiency while providing reliable benchmark data that targets critical cost and utilization areas of concern."
PlanAdvisor is now available and more information can be found at www.Zywave.com.
About Zywave
Zywave is the leading provider of a line of Web-based employee benefits and property and casualty communication, administration, and claims data analysis systems designed to help insurance brokers gain profitable market share. These applications help brokers secure and retain business by differentiating them from their competitors, and allowing them to compete on a high-capabilities basis. Additional information about Zywave may be found at www.zywave.com.
Contact: Donna Nash
Zywave, Inc.
2323 N. Mayfair Road, Suite 320
Milwaukee, WI 53226
414-479-7586 fax 414-475-0739
This press release was distributed through eMediawire by Human Resources Marketer (HR Marketer: www.HRmarketer.com) on behalf of the company listed above.
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