Navigation Links
Corporations, Universities and State Governments Deploy Thomson Reuters Solution to Improve Employees' Benefit Selection Process
Date:12/14/2009

ANN ARBOR, Mich., Dec. 14 /PRNewswire/ -- Pepsi Bottling Group, ArvinMeritor, Inc., Marathon Oil Co., and the Commonwealth of Kentucky are among the major employers that implemented Thomson Reuters Informed Enrollment solution this fall to help their employees make better decisions about their benefits.

The Informed Enrollment solution gives employees a personalized summary of their families' use of healthcare services and the cost of that care. With this personalized information, employees can determine which of the available benefit plan options best meets their needs.

Employers have generated significant results with this solution:

  • Up to 30 percent of employees moved from benefit plans in which they were over-insured to more appropriate levels of coverage -- saving money for themselves and their employers.
  • More employees selected consumer-driven health plans and set up healthcare spending accounts. Increasing participation in, and contributions to, these flexible spending accounts reduces taxes for employers and employees.
  • Use of online enrollment tools doubled, which increases employee healthcare engagement and satisfaction.

The employers who implemented the Informed Enrollment solution for the 2010 benefit enrollment period include Fortune 500 companies, a major university, and two state governments. They have a combined workforce of more than 600,000.

"Benefits are confusing and most people are risk-averse, so they tend to keep the benefit plan they have and not consider other options," said Jon Newpol, executive vice president for the Healthcare & Science business of Thomson Reuters. "With this summary of their own healthcare experience, however, people can see the savings potential of a different plan option or a flexible savings account. This personalization increases employee satisfaction with, and confidence in, the benefit choices they make."

Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 50,000 people and operates in over 100 countries. Thomson Reuters shares are listed on the Toronto Stock Exchange (TSX: TRI) and New York Stock Exchange ( TRI). For more information, go to www.thomsonreuters.com.

SOURCE Thomson Reuters


'/>"/>
SOURCE Thomson Reuters
Copyright©2009 PR Newswire.
All rights reserved

Related medicine news :

1. New Book by Leading Authority Responds to National Initiative to Bring Undergraduate Public Health Education to All American Colleges and Universities
2. Student Veteran Health Examined in First-of-Its-Kind Study by University of Minnesota/Minnesota State Colleges and Universities
3. Filters Fast Challenges Universities and Colleges to Kick the Bottled Water Habit
4. Enrollment Growth in U.S. Nursing Colleges and Universities Hits an 8-Year Low According to New Data Released by AACN
5. Creating a Robust and Flexible Workforce through Corporate Universities
6. Enrollment Growth Slows at U.S. Nursing Colleges and Universities in 2007 Despite Calls for More Registered Nurses
7. Baptist Memorial Health Care Donates More Than $3 Million to Tennessee Universities and Colleges
8. Thomson Scientific Ranks Australian Universities and Research Institutes
9. British Council and Los Angeles Area Universities Partner to Host Transatlantic Dialogues
10. Trojan(R) Ranks U.S. Colleges and Universities in Second Annual Sexual Health Report Card
11. Americold Realty Trust Files Registration Statement for Proposed Initial Public Offering
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:10/12/2017)... ... 2017 , ... The American College of Medical Informatics (ACMI) will present the ... Opening Session of AMIA’s Annual Symposium in Washington, D.C. AMIA’s Annual Symposium ... a pioneer in the field of medical informatics, this prestigious award is presented to ...
(Date:10/12/2017)... ... 12, 2017 , ... Dr. Parsa Mohebi, the Los Angeles ... to the newly revamped Cosmetic Town journal section, featuring articles written ... known as Follicular Unit Extraction (FUE). , Dr. Mohebi says “I ...
(Date:10/12/2017)... ... , ... On Saturday, October 21, the Health & Wellness Center at Florida ... money for the American Heart Association Heart Walk. Teams of up to 10 people ... keep their treadmills moving for 5 hours. Treadmills will start at 7:00 p.m. on ...
(Date:10/12/2017)... BALTIMORE (PRWEB) , ... October 12, 2017 , ... ... average of $3,296 in property taxes a year. In some states—like New York, ... higher. , By contrast, many overseas retirement havens have extremely low property-tax rates, ...
(Date:10/12/2017)... ... October 12, 2017 , ... ... presents its enhanced Pepper Flow promotional review platform at the Promotional Review ... increased insight-driven capabilities help marketers streamline the medical, legal, and regulatory review ...
Breaking Medicine News(10 mins):
(Date:10/12/2017)... , Oct. 12, 2017 West Pharmaceutical ... innovative solutions for injectable drug administration, today announced that ... market opens on Thursday, October 26, 2017, and will ... and business expectations at 9:00 a.m. Eastern Time. To ... 253-336-8738 (International). The conference ID is 94093362. ...
(Date:10/11/2017)... , Oct. 11, 2017  Hill-Rom Holdings, Inc. ("Hill-Rom") ... Surgical facility in Las Piedras, Puerto Rico ... and blades. ... the facility sustained minor structural damage, temporary loss of ... Repairs have been completed, manufacturing operations have resumed, and ...
(Date:10/5/2017)... 5, 2017  In response to the nationwide ... Maxillofacial Surgeons (AAOMS) released prescribing recommendations that urge ... used as a first-line therapy to manage a ... Recognizing the value and importance ... "Opioid Prescribing: Acute and Postoperative Pain Management" stresses ...
Breaking Medicine Technology: