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True BUSINESSPowerPoint Presentation Template
January 2020
Wakely Broker Consulting Services
WakelyBCS Market Insights Benchmarking Dashboard
PRESENTED BYKrista K. Penn, Business Intelligence Consultant
BEYOND THE NUMBERS
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Product Overview
A next generation data visualization tool designed to help our clients better respond to the needs of employer groups seeking to understand and maximize their health benefits.
Optimized for real-time viewing on your computer Allows for live interaction with and customization of
dashboard for your analysis and presentation needs
Dashboard can be printed as a PowerPoint presentation or pdf for dissemination to employer groups
3Page
● For 12 consecutive years, Gartner has recognized Microsoft as a leader in analytics and business intelligence.
● As of February 2019, Microsoft’s Power BI solution is the clear leader in the business intelligence sphere, scoring high in both “ability to execute” and “completeness of vision.”
Power BI – Best in Class BI Platform
Link: https://info.microsoft.com/ww-landing-gartner-mq-bi-analytics-2019.html
● The dashboard is built using Microsoft Power BI.
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Available only to licensees through Microsoft Power BI Service
Dashboard Security
You have flexibility in deciding how to make employer group data available within your organization
Team, branch office, state, regional levels
Row-level security is enforced on all client data Only authorized individuals affiliated with your
organization have access to your client data
No restrictions are placed on aggregated data
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Dashboard Demo – Home Page• Select your client and set your desired benchmarking filters• Benchmark against yourself
Customize with your own logo
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Dashboard Demo – WakelyBCS Benchmarking• Compare your client’s plan design against other participants at a glance• Plan design elements currently covered: coinsurance, copays, deductibles, OOPMs,
employee contributions, HRA/HSA employer funding, premiums, and enrollment
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Dashboard Demo – WakelyBCS KPIs• Dig deeper into the WakelyBCS benchmarking data using the Key
Performance Indicator (KPI) reports
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Dashboard Demo – Public Benchmarking• Reference public benchmarks from the annual Kaiser Family Foundation
Employer Benefits Survey (https://www.kff.org/health-costs/)
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Option #1 - Data Entry Form
Data Collection
Manual data entry required For brokers who would
like guidance in entering data Form includes save
and lookup functionality Based in Excel Multiple workbooks
can be submitted
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Option #2 – Bulk Load Methodology
Data Collection
For brokers with internal infrastructure and resources in place to configure and send data extracts from your own data repositories
Layout and content must conform with instructions laid out in:
Data File Layout
Data Dictionary
Data submitted to WakelyBCS via FTP server as .xls,.xlsx, .txt or .csv format (no xml)
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Future Plans – 2020 and Beyond
2019:• 2,000 Employer Groups• 4,500 + Plans
2020:• 4,000 Employer Groups• 9,000 + Plans
Beyond 2020:• 8,000 Employer Groups• 20,000 Plans
• Participation Goals
2019:• Medical benefits benchmarking• Access to public benchmarks
2020:• Year-over-year trending• Other employee benefits
Beyond 2020:• Expanded filtering capabilities• AV calculator & benchmarking
• Dashboard Enhancements
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Decide which data submission methodology works best for your agency
Next Steps
Review training materials or schedule a training with us: Data Entry Form Tool
Bulk Load Methodology
Submit your data by May 15, 2020 Submit early if possible to allow time for identifying and
correcting errors
Let us know you are interested in participating!
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For additional information, please contact:
Scott King, Vice President - Business DevelopmentWakely Consulting Groupc: 720.281.4742e: ScottK@wakely.com
Krista K. Penn, Business Intelligence ConsultantWakely Consulting Groupo: 720.510.7002e: Krista.Penn@wakely.com
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