Wakely Strategic Market Analysis and Ranking Tool (SMART)

Medicare Advantage market analysis, the SMART way.

Wakely’s Strategic Market Analysis and Ranking Tool (SMART) gives Medicare Advantage analysis product teams the insights they need to win in competitive markets. By analyzing market trends and benefit designs, SMART highlights opportunities to build a portfolio that attracts members, drives growth, and maximizes profitability. Paired with the guidance of Wakely consultants — offering decades of strategic and actuarial experience — SMART gives your organization a data-based edge over the competition.

In-depth analysis, customizable for your needs.

The SMART tool provides you with interactive Excel-based modules that can be customized for your service area, plan type, benefit design, and more. Working with the Wakely SMART tool offers myriad advantages for your product team:

  • Flexible and scalable – Choose bundled products, regional customizations, or comprehensive wrap services.
  • Your data, competitor benchmarks – Analyze your data in comparison with competitor profiles for real-world market impact.
  • Pair data with proven expertise – After applying the tool to your data, amplify your insights with Wakely consulting, built on decades of actuarial experience in Medicare Advantage analysis.    

Request a consultation to learn more about SMART.

Insights for Medicare Advantage design, strategy, and success.

Our SMART tool simplifies decision-making and product design by helping your organization:

Understand market dynamics
Use SMART to gain a clear picture of Medicare Advantage market conditions with enrollment trends, landscape shifts, competitor profiles, and county-level revenue opportunities.

  • Identify high-growth markets and service area changes
  • Benchmark competitor performance, star ratings, and plan offerings
  • Track supplemental coverage trends shaping consumer demand

Drive smarter benefit design
Turn data into actionable strategy with robust SMART analytics. Use the tool to compare benefits, premiums, and value across the market.

  • Evaluate competitor benefit packages year over year
  • Identify value drivers through premium, plan value, and supplemental coverage analyses
  • Understand financial performance drivers (underwriting gains/losses, MLR, admin expenses)

Model your strategy with confidence
Go beyond static reports with interactive tools that let you test and refine product strategies.

  • Score benefit designs for financial and marketability impacts
  • Explore service area scenarios with competitor overlays
  • Segment markets to target key growth opportunities

Amplify SMART’s impact with consulting expertise
Pair SMART data and tools with Wakely’s trusted actuarial guidance.

  • Our actuaries provide customized strategy decks to support decision-making
  • SMART package includes up to 50 hours of expert consulting for benefit design, sales, and marketing alignment
  • Get qualitative insights from our team to complement analytics and ensure member-focused strategies

Ready to learn more about SMART?

Request a COnsultation

Unique products and tools.

Wakely has developed these industry-leading products and tools, which empower our clients to make highly informed strategic decisions.

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Wakely National Risk Adjustment Reporting (WNRAR)

Provides risk adjustment metrics from 35 states and 19 million lives.

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Risk Score Opportunities (RSO)

Identifies and prioritizes members who are most likely to have a condition that has not been coded.

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Wakely Plan Valuation Model (WPVM)

Supports pricing, mental health parity compliance, cost and utilization analysis and more.

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Risk Adjustment Payments: Investigation of Discrepancies Tool (RAPID)

Gets the most out of your EDGE data.

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Wakely Analytics Health Operations Optimization (WAHOO)

Helps payers and providers optimize financial performance with a complete package of services and tools.

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Wakely Affordable Care Act Competitive Analysis Tool (WACACAT)

Allows users to interactively explore market metrics.

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Wakely Risk Assessment (WRA)

Provides a transparent, open-code, high-performance risk assessment model.

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Wakely Risk Insight (WRI)

Includes two major components: The Medicare National Report (MNR) and WRI-MA. Both pinpoint drivers of profitability and compare them to national benchmark data.

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Wakely Risk Insight National Reporting Project (WRINR)

Identifies key profitability drivers for the individual and small group markets.

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Wakely Medicare Repricing Analysis Tool (WMRAT)

Aids the comparison of payment rates across multiple lines of business, categories of service, geographic locations, and providers.

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Wakely ACA Database (WACA)

Contains the most robust and detailed ACA data available in the industry.

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Risk Adjusted Payments & Identifying Discrepancies for Medicare Advantage Plans (RAPID-M)

Helps plans optimize risk scores by identifying RAPS and EDS inconsistencies

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Risk Adjustment Data Integrity Analysis & Lineage (RADIAL)

Compares multiple data sources to provide transparency in risk score differences.

Risk Adjustment Data Integrity Analysis & Lineage (RADIAL)