Empowers benefit advisors with tools to stand-out in a competitive market and give account teams 40% more time -- Win more business, extend the life time value of a client and save time!
Transcription:
What is NavMD?
We're a technology company that gives advisors, TPAs, captives, and stop-loss carriers a competitive edge, helping them to reduce churn and lower labor costs. NavMD's mission is to partner with the most innovative advisors in America to transform benefits one plan at a time, and the blueprint for fixing benefits starts with data.
How is NavMD different?
NavMD shines because our platform helps advisors stand out in a competitive market, keep clients longer, and give account teams more time to work on strategies instead of being bogged down with tasks. Our first product, Census.IQ, equips advisors to win business in the sales process. With just a census file, we create a risk assessment for any size group, even if they're fully insured and you're not the agent of record. We're integrated with data aggregators who provide medical, pharmacy, and lab claims for 350 million Americans. The risk assessment summarizes top drugs, top medical conditions, and high cost claimants, modeling a 12-month predicted cost and risk score. Advisors who use Census.IQ in the sales process are winning agent of record 62% of the time because the employer has more confidence. Once the advisor wins the business, our health intelligence platform and solutions marketplace deliver actionable insights for the employer population to identify what happened, why did it happen, what's going to happen if you do nothing, and what can you do about it? Our platform helps advisors make a bigger impact for employers, reduce churn, and make the team more productive through automation.
Who is a good fit for NavMD?
Let's talk about ROI, a benefit advisor group in the Midwest that uses Census.IQ in the sales and renewal process, processed a member census for 26 employers in their pipeline. Here's what happened. They paid NavMD $14,000 for the risk assessment, won 62.5% of the business, and generated over 750,000 in revenue. Advisors who invest in AVISO, they give us $1, they receive $50 back in added revenue and labor savings. How can you learn more? The easiest way to engage with NavMD is to scan the QR code and try our health plan analyzer. This risk assessment scores the plan and highlights what strategies should be considered to build a high performance plan. My hope is we can partner together to make a bigger impact for employers.
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