ANN ARBOR, Mich., May 20 Thomson Reuters has announcedthat the recipient of its 2008 Innovator Award is The Pepsi Bottling Group(PBG), the world's largest Pepsi bottler.
PBG was recognized for its Smart Enrollment program, an initiative thatuses sophisticated data analytics to give employees customized informationwith which to choose the most appropriate health benefits.
This is the fifth consecutive year that the healthcare business of ThomsonReuters has presented its Innovator Award, which recognizes the innovative useof healthcare data analytics to achieve significant business results. It waspresented in Orlando at Advantage Conference 2008, the annual gathering ofThomson Reuters healthcare customers including many of the nation's largesthealth plans and employers.
PBG used the Thomson Reuters Informed Enrollment solution to achieve thefollowing goals:
The Smart Enrollment program resulted in almost 1,000 new enrollments inand greater contributions to healthcare spending accounts, increased use ofthe cost calculator and an online benefit selection tool, and migration fromthe highest cost plans to more appropriate health plans.
"PBG has successfully tackled a significant challenge facing employers andhealth plans today - how to provide employees with the relevant informationthey need to make intelligent healthcare decisions," said Jon Newpol,executive vice president, Thomson Reuters. "This great effort deserves ourrecognition."
PBG was selected from a field of five Innovator Award finalists. Theother finalists are Health Care Service Corporation, Corning Inc., Novartis,and Pitney Bowes.
About Thomson Reuters
The Healthcare business of Thomson Reuters produces insights, information,benchmarks and analysis that enable organizations to manage costs, improveperformance and enhance the quality of healthcare. Thomson Reuters is theworld's leading source of intelligent information for businesses andprofessionals. We combine industry expertise with innovative technology todeliver critical information to leading decision makers in the financial,legal, tax and accounting, scientific, healthcare and media markets, poweredby the world's most trusted news organization. With headquarters in New Yorkand major operations in London and Eagan, Minnesota, Thomson Reuters employsmore than 50,000 people in 93 countries. Thomson Reuters shares are listed onthe New York Stock Exchange (NYSE: TRI); Toronto Stock Exchange (TSX: TRI);London Stock Exchange (LSE: TRIL); and Nasdaq (Nasdaq: TRIN). For moreinformation, go to www.thomsonreuters.com .-- Increased employee participation in healthcare spending accounts (in which pretax dollars can be set aside to spend on healthcare). -- Migration of employees to more appropriate health plans based on their past use of healthcare services. -- Better understanding of healthcare costs through use of an online cost calculator.
SOURCE Thomson Reuters