ContinuousHealth Releases Newest Version of Leading Platform to Help Employers Plot Intentional, Integrated Employee Benefits Strategies in the Post-Obamacare Era

Atlanta, GA, June 05, 2014 --(PR.com)-- ContinuousHealth today released an updated version of its award winning CHROME Compass Platform which has already modeled over 3,000 employer benefit scenarios. “As 2015 rapidly approaches, Employers continue to struggle with rising healthcare inflation and, based upon the reactions of many companies to the new requirements of Obamacare, the importance of strategic planning in the area of employee benefits has never been more critical,” commented Eric Helman, Founder and President of ContinuousHealth. “Our Certified Broker Partners have moved beyond the world of ‘Play or Pay’ analysis and are using the latest version of CHROME Compass to help their employer clients not only gain a deeper understanding of their current competitive position in terms of the cost and effectiveness of their benefit programs, but also to model the financial implications of innovative new benefits strategies.”

The newest version of CHROME Compass includes automated benchmark reporting from ContinuousHealth’s extensive employer user base. “When you have multi-year data from over 3,000 employer scenarios, it is possible to provide greater insight into the activities of other employers as they react to Obamacare,” said Eric Helman in a recent interview. “Up until now, employers only needed education about Obamacare. But as 2015 is rapidly approaching, they now are demanding their advisors present them with options to optimize their investments in benefits in the post health care reform era. They want to know what other employers are doing and how they too can use the catalyst of healthcare reform to change how they allocate compensation to benefits.”

In addition to benchmarking, the newest version of CHROME Compass also includes financial modeling of Multi-Health Plan Choices and Defined Contribution funding arrangements often found in Private Exchange strategies. The new version also supports the financial modeling of several new strategies being employed by a number of ContinuousHealth clients including Smoker Surcharges, Move to Self-Insured, Captives, and Spousal Exclusions.

“Employers are looking for a more intentional, integrated strategy to manage their employee benefit programs. They are no longer satisfied to sit back and react to the annual increases in healthcare costs by simply shifting costs to their employees. Our CHROME Certified Partners are using CHROME Compass to present detailed financial models supporting the implementation of multi-faceted strategies around eligibility management, diversified plan offerings and sophisticated contribution strategies. These strategies are delivering cost reductions along with improved employee satisfaction and ACA compliance, a trifecta not previously thought possible.”

The newest version of CHROME Compass is immediately available through an exclusive network of CHROME Compass Certified Employee Benefits Consultants serving employers of all sizes across the United States. Find out more at www.continuoushealth.com or on LinkedIn at the ContinuousHealth company page.