Mercer Beacon Plans

Dive deeper into affordability and plan design

Customized insights for you

Mercer Beacon Plans leverages underlying analytics to provide insights to inform and create an optimal plan design strategy for a sustainable benefits framework.

 

  • Cost

    Evaluating plan designs, contributions, and employee plan elections are often done in silos when determining adequate budget.
  • Affordability

    Healthcare affordability is a challenge for employers and employees alike - and will continue to get more challenging as healthcare costs continue to increase.
  • Adverse selection

    Offering more than one plan design to meet employees’ varying needs requires a thorough analysis and ability to predict future employer cost.
  • Risk

    As employee benefits and plan designs becomes more complicated, an in-depth analysis of risk becomes imperative.
  • Benchmarking

    Offering a competitive benefit package is a must in today’s competitive landscape.

How Mercer Beacon Plans can help

Beacon Plans assesses whether your plan architecture aligns with your desired goals, such as affordability, risk tolerance, and benchmarking. Modeling plan design and contribution changes in real-time allows you to make informed decisions. 

Evaluate and visualize how your health benefit offering is meeting strategic objectives including:

  • Meeting specific benchmark objectives to maintain market competitiveness
  • Employer and employee affordability targets
  • Managing and forecasting employer budget risk

Taking the guesswork out of plan design with Mercer Beacon Plans

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