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)... Bethesda, MD (PRWEB) , ... October 12, 2017 , ... ... Award of Excellence to Carol Friedman, PhD, FACMI, during the Opening Session of AMIA’s ... 4 – 8. , In honor of Morris F. Collen, a pioneer in the ...
(Date:10/12/2017)... ANGELES (PRWEB) , ... October 12, 2017 , ... ... Parsa Mohebi Hair Restoration, has recently contributed a medical article to the newly ... on cosmetictown.com. Dr. Mohebi’s article spotlights the hair transplant procedure known as ...
(Date:10/12/2017)... Wesley Chapel, FL (PRWEB) , ... October 12, 2017 , ... ... Chapel is holding a treadmill relay – Miles by Moonlight to raise money for ... by donating $300 or more. , Teams will work together to keep their ...
(Date:10/12/2017)... ... 12, 2017 , ... In the United States, single-family home ... states—like New York, New Jersey, Massachusetts, Texas, Virginia, Connecticut, and California—the average is ... low property-tax rates, which contributes to the relatively lower cost of living in ...
(Date:10/12/2017)... ... October 12, 2017 , ... Vodori, ... Flow promotional review platform at the Promotional Review Committee Compliance and Best ... marketers streamline the medical, legal, and regulatory review (MLR) process – which ...
Breaking Medicine News(10 mins):
(Date:10/11/2017)... , Oct. 11, 2017  True Health, ... has amplified its effort during National Breast Cancer ... hereditary cancer risks. ... Clinical Oncology calculated that more than 10 million ... inherited mutations in BRCA1 or BRCA2 and have not ...
(Date:10/10/2017)... --  West Pharmaceutical Services, Inc. (NYSE: WST), a ... today shared the results of a study highlighting the ... administration of polio vaccines. The study results were presented ... by Dr. Ondrej Mach , Clinical Trials and ... and recently published in the journal Vaccine. i ...
(Date:10/4/2017)... SEOUL, South Korea , Oct. 4, 2017 /PRNewswire/ ... launched its next-generation CPR training aide "cprCUBE" on Kickstarter. ... of chest compression during cardiac arrests with better efficiency ... patient-mannequins. It also offers real-time feedback on efficacy of ... The crowdfunding campaign has a goal to raise ...
Breaking Medicine Technology: