Did you know that 1 in 4 healthcare dollars are spent on people with diabetes, and 9.4% of the US population is diabetic? This case study highlights how Kapnick’s diabetes cost management solutions helped one client save over $1 million in potential claims costs.
THE PROBLEM
When an insurer dropped coverage for a brand of insulin, Kapnick’s client faced challenges as diabetic employees were forced to switch to a generic medication. Some employees experienced severe nausea as a side effect.
Kapnick’s team used Kapnick Lens to integrate, validate, and analyze the client’s data. This uncovered program correlations and cost drivers, helping the client better serve their growing diabetic and pre-diabetic population.
THE SOLUTION
Leveraging Diabetes Cost Management Solutions
Kapnick went beyond descriptive metrics by using Kapnick Lens for predictive and prescriptive analytics. With these insights and strong carrier relationships, Kapnick reduced costs and provided proactive solutions, including:
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Targeted Health Coaching
Employees now receive free expert health coaching and advanced blood sugar monitoring through Diabetes Maintenance and Prevention programs. -
Education & Engagement
Targeted campaigns increased employee engagement and education. With 23% of people with diabetes undiagnosed, preventing complications is critical to saving future costs.
THE NUMBERS
Kapnick Lens revealed:
- A 50% increase in diabetic employees from 2015 to 2018.
- A 46% increase in healthcare dollars spent for diabetic employees during the same period.
- Claims costs rising from 18% to 24% of total costs in three years.
Without intervention, the diabetic rate trend would have cost the company nearly $2 million by 2021.
At Kapnick, we use Kapnick Lens to uncover cost drivers and provide actionable solutions. Data alone doesn’t solve problems, but with the right tools and expertise, it can drive impactful change.
