PriceModeler

PriceModeler

  PriceModeler, powered by OptumInsightTM, allows Cowden to project premiums for varying plan designs and to compare manual and blended rates between plan designs.  The tool:
  • Provides the same data used by actuaries to price health plans
  • Provides detailed plan design modeling for more than 60 benefit components
  • Models the cost implications of proposed plan design changes
  • Provides relative cost differential of various plan design alternatives
  • Assists in the development of premium equivalent rates for self-funded plans