MyPlanChoices

Everyone has different medical needs, preferences, and financial risk tolerance. 

However, choosing the right medical plan can be a daunting task due to plan complexity. We believe that offering choice to employees is the right strategy, but often times these choices are not fully understood and can be overwhelming.

This is why we created MyPlanChoices.

MyPlanChoices takes the confusion away by offering a simple, user-friendly questionnaire. The user is asked to answer a few questions about their medical and financial preferences. Within minutes, the employee/employee family is able to see a ranked list of their best-fit medical plan options, as well as cost projections for each plan based on their responses. 

While the user interface is easy-to-use and provides quick results, forecasting cost and ranking plans is no easy mathematical task. Our team of actuaries, benefit consultants, and programmers use cutting-edge predictive modeling, actuarial methods, and behavioral research to develop this dynamic tool that estimates the expected cost under each plan for each individual user. 

• Saves the HR team time by providing a resource that can help address many of the questions they get asked by employees during election season
• Helps communicate the value of the benefit offering to employees
• Useful tool from the union and employee perspective
• Reduces overall plan expenses 
• ​Provides a vehicle to better understand the employee population and their benefit preferences