Aon Report: Lyra Significantly Reduces Medical Claims Costs for Employers

Aon Report: Lyra Significantly Reduces Medical Claims Costs for Employers

 

 

Aon Report: Lyra Significantly Reduces Medical Claims Costs for Employers

This report has been prepared to present Aon’s analysis of Lyra Health (Lyra)’s impact on its customers’ medical plan spend related to treating mental health conditions and conditions other than mental health. The analysis was commissioned by Lyra Health.

In conducting the analysis, Aon has relied on detailed medical and pharmacy claims, membership, and EAP session information provided by Lyra. While we cannot verify the accuracy of all this information, the supplied information was reviewed for consistency and reasonability. As a result of this review, we have no reason to doubt the substantial accuracy of the information and believe that it has produced appropriate results. Please refer to the last section of the report for data limitation disclosures.

Aon’s professional services to no in any case include legal, investment, or accounting services and Aon is not a fiduciary to your plans. This analysis has been conducted in accordance with generally accepted actuarial principles and practices, including the applicable Actuarial Standards of Practice as issued by the Actuarial Standards Board. The methods used in this report are described in the Data Sources and Methodology sections of this report.

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