More and more employers are recognizing the benefits of self-funding their health plan coverage for their employees. Instead of purchasing prepackaged plans, employers can design plans exactly to their specifications based on their individual needs. HealthSmart is the expert at flexible health plan design and plan administration.
With HealthSmart, employers get the plan that works best for them and their employees, based on their specific needs with a focus on member advocacy and decision support. They have real visibility into the costs of plan administration. Costs are reduced because premium taxes are reduced, plus the employer maintains control of health plan reserves and can take advantage of interest income.
- One-stop resource for multiple solutions
- Flexibility to develop plans and customize networks that meet employers’ specific, individual needs
- Member-centric care management and population health programs that improve employee health while managing healthcare cost and level of care necessary for treatment
- Pharmacy benefit options, including formulary prescriptions and mail order options
- Stop loss coverage to protect employers in the event of catastrophic health claims
- Visibility into claims data for better insights to financially plan benefit costs
- Focus on member advocacy that is tailored to client and member needs
- Intelligent fraud, waste and abuse solutions that demonstrate plan savings of more than five percent over other solutions
For employers looking to leverage the benefits of self-insured health coverage, HealthSmart delivers flexible, comprehensive solutions and unmatched expertise. Current HealthSmart clients are very satisfied with the services we provide, resulting in a Net Promoter Score ranking in the top 1 percent of health plans!
Thinking about making the switch to self insurance? Check out our recent blog posts for some things to consider-- Self Insurance 101 and Self Insurance 201