Public Sector

Benefit Plan Pricer

The Reden & Anders Benefit Plan Pricer was developed to provide users with a quick way to evaluate the differences between several deductible and coinsurance plan design options.

Quick and easy indemnity plan design pricing.


Flexible modeling tool

The Reden & Anders Benefit Plan Pricer is easy to use and provides quick calculation of benefit factors for deductible, coinsurance and out-of pocket maximum benefit parameters. In addition, it calculates benefit factors for claims continuance distributions for commercial, Medicare, and Medicaid populations.

Value

  • Claims continuance data is updated annually
  • Develops benefit adjustment factors for indemnity-type benefit designs
  • Calculates benefit factors for claim continuance distributions

Flexible application

Microsoft® Excel-based model allows for ease of output transfer to other spreadsheets