East Coast Office
East Coast Office
Midwest Office
79 W. Market Street Suite · 300 · Bethlehem, PA 18018
1-866-BSI-Benefits
28411 Northwestern Hwy · Southfield Suite · 1150 · MI 48034
248.945.0088

ACTUARIAL ANALYSIS

What good is data if you don’t know what it means? BSI’s actuarial analyses and projections are an integral part of our strategic planning. We coordinate a mixture of your data and help you make impactful decisions to control your costs.

BSI provides our clients:

  • Budget projections and benchmarking for each line of coverage
  • Plan forecasting and projections to confirm or refute carrier projections
  • Financial projections on proposed benefit changes
  • Monthly claims analysis

ACTUARIAL CASE STUDY

Public Sector Client

  • Dialysis issue identified by BSI’s actuarial department
  • Carrier was incorrectly paying an out-of-network claim for a member on dialysis at 100%
    • Carrier overpaid claims in excess of $300,000
    • BSI located in-network dialysis center
  • Client received a $153,000 refund as a result of carrier paying dialysis claims incorrectly
  • The client’s stop loss carrier received a refund of $147,000
    • Client’s loss ratio was improved
    • Client’s stop loss renewal was based on correct in-network and out-of-network claims

$300,000+

SAVINGS IDENTIFIED

$153,000

DIALYSIS REFUND

$147,000

STOP LOSS REFUND

how can we help you?

Contact us at the BSI office nearest to you or submit a business inquiry online.

“What happens to one of us matters to all of us.”

Tony DaRe
CEO, BSI Corporate Benefits
ALERT: Information pertaining to COVID-19 can be found on the COVID-19 FAQ’s Tab – If you need additional information, please contact us. We are here to provide pertinent information for our clients and insured members 24/7.
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