Risk Navigator Financial supports actuarial and underwriting analysis and reporting by leveraging clinical risk information and cost predictions. Historical trends in cost, utilization and risk by group and renewal date, combined with predictive capabilities, make this a very powerful tool for actuarial and underwriting teams.

Benefits:

• Separate Actuarial and Underwriting reporting capabilities
  
• Comparison to customer-specific book of business benchmarks by Line of Business, Market Segment and Product Line
• Reports available by Renewal Period or specific group segments/size
• Loss Ratio Reporting
• Actuarial/Underwriting Risk Profiles, including impact on risk and cost using the following data elements:
  SIC codes, Age/Gender, Policy Age, Medical Cost Trend, Contract Type, New and Terminated Members, Non-users,
  Diagnosis/Severity of Illness
• Compare current member risk and prospective risk against risk levels at the last renewal
• Data stored up to five years for trending analysis
• Predictions provided using customer-specific age/gender factors, medical cost trend and non-user cost factors, as well as standard MEDai prediction
• Outliers reported using pooling level with full member-level details

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For more information on this product contact us:
Phone: 800.446.3324 -or- email: sales@medai.com