Case Study: Wellpoint achieves faster, more efficient stop loss placement with ThreeFlow

How Wellpoint Stop Loss is reaching its target market more efficiently

The customer, Wellpoint Stop Loss (part of Elevance Health), faced a significant operational challenge with a high decline-to-quote (DTQ) rate. Nearly half of the RFPs they received were automatically declined because they did not meet underwriting parameters, which wasted valuable time and resources. They partnered with ThreeFlow, a benefits placement platform, to help them reach their target market more efficiently.

By implementing ThreeFlow's platform, WellPoint gained the ability to filter out RFPs that did not fit their underwriting criteria. This allowed them to focus their efforts on the right clients and significantly reduce their DTQ rate. ThreeFlow also improved the speed and accuracy of their implementation process, enabling them to meet their goal of delivering policies within 30 days of the effective date for 100% of new and renewal customers.

WellPoint