It is essential that employers get a clear and measurable return from their benefits investments. That’s why Quantum Health publishes an annual actuarial report produced by an independent firm. This year’s report includes the data from our entire book of business for 18 years, covering claims experience from 157 employer groups and 961,000 members. We are the only company in our industry that consistently delivers this rigorous and in-depth analysis, because you deserve a forthright assessment of what we deliver. And we’re proud that for two decades, we’ve delivered on our promises.
Key findings show that Quantum Health clients realize millions of dollars in annual cost savings, including these averages:
Employers save an average of $750 per person a year with Quantum Health. That means a company with 1,000 employees can save an average of $750,000 a year, a company with 2,000 employees saves $1.5M a year, and a company with 5,000 employees saves $3.75M a year.
What’s the even longer-range value of Quantum Health’s healthcare navigation and care coordination solution for self-insured employers? Consider:
Over the 18-year period covered in our most recent actuarial report, we helped clients achieve an average compound annual growth rate (CAGR) of 2.9% in their healthcare expenses — on par with the Consumer Price Index. Contrast that with an industry average for the same period of 8.5% — a rate which, left unchecked, would mean a doubling of costs every eight years.
More recently, when healthcare costs have not been rising quite as rapidly, our clients saw an average CAGR of 2.4% for the period 2013-2018. Industry average during that timeframe? It was 5.7%.
That’s what we call “bending the trend.” Or, as one of our clients put it: “That’s The Quantum Health Effect.”