Seven Steps of BeneFIT Design
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The Seven Steps of BeneFIT Design

Planning and Implementing a Value-based Health Strategy

Organizations can create a successful value-based health benefit strategy in seven steps:

  1. Define Value
  2. Collect Data
  3. Organize Your Data
  4. Analyze Your Data
  5. Target Your Initiatives
  6. Pitch Your Initiatives to the C-Suite
  7. Implement Your Initiatives1

To alleviate healthcare costs in your company, it starts with a plan.

Approaching the Seven Steps

The seven steps cover the following areas:

  • The concept of FIT Design, an organizational litmus test for delivering value that is:
    • Fact-based
    • Integrated
    • Targeted to Need
  • Application of the FIT Design concept. Applying Fit Design requires seven action steps. These steps guide managers through the stages of benefit design:
    • Planning
    • Designing
    • Implementing

Jack Mahoney, MD and David Hom of Pitney Bowes wrote about these seven steps in their book, BeneFIT Design.1

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What Can Your Company Do?

Challenge your organization to apply the FIT Design model within the health benefit planning process. Implement the seven steps to strategically invest in value-based health initiatives.

Create a successful value-based health benefit strategy in seven steps. Order your free copy of BeneFIT Design from the GlaxoSmithKline Response Center at 1-888-825-5249.

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Reference:

  1. Mahoney J, Hom D. BeneFIT Design: Seven Steps to Value-Based Health Benefit Decisions. Philadelphia, PA: GlaxoSmithKline, 2007.