The Wakely Medicare Advantage Competitive Analysis Tool (WMACAT) is designed to be used by health plans to compare Medicare Advantage benefits and market information at the national, state, and county level. The tool presents data in Excel format when a comprehensive comparison of benefits is desired, and in Power BI dashboard format when the user wants to drill down into market/county statistics such as enrollment, Star Ratings, historical risk scores, etc.
Why Choose WMACAT?
It is impossible to manage what you cannot measure, and measuring performance in the Medicare Advantage market is now more challenging than ever. With an increasingly crowded marketplace leading to more competition than ever before, it is more important than ever to differentiate yourself and stand out in the market. Without knowing what’s out there, how can you know which plan designs work, and which do not?
MARKET COMPETITIVE ANALYSIS
Compare market characteristics such as Medicare enrollment, market share, member premium and benefit details by geography and plan. Derive detailed plan performance year over year.
COMPARE PLAN DESIGNS BASED ON TOTAL VALUE
Determine which plans are the richest based on member expected out of pocket cost. Filter to see comprehensive supplemental benefit information, including details on OTC, Dental, Vision, Hearing, and Transportation.
GET DETAILED PLAN BENEFIT INFORMATION
Utilize detailed competitor benefit information to inform your plan designs. Benefit information contains new details on the latest supplemental benefit offerings including valuations on the richness of these benefits.
For more information about WMACAT, please contact your Wakely Consultant or firstname.lastname@example.org.