If a carrier collected a million dollars in premiums for an employer plan that offers health, dental, and vision, how much was the dental costing the company? You couldn’t find out until now, says Eric Ryles about JDA’s latest update to its benefits tool. (Photo: JDA/ALM)

For brokers and carriers, getting an accurate figure for how much plan sponsors are spending on particular benefits can be a challenge. We spoke with data analyst Eric Ryles, our colleague at ALM’s research arm, Judy Diamond Associates, about how to solve this problem. The key, he says is modeled premiums.

BenefitsPRO: So what exactly do you mean by modeled premiums? What are they?

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