Self-insurance

Pharmacy Benefit Management Services in the US - 2020 Procurement Research Report - ResearchAndMarkets.com

Retrieved on: 
Tuesday, October 13, 2020

The "Pharmacy Benefit Management Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Pharmacy Benefit Management Services in the US - Procurement Research Report" report has been added to ResearchAndMarkets.com's offering.
  • This report is intended to assist buyers of pharmacy benefit management (PBM) services.
  • A PBM provider is a third-party company that manages the sale and distribution of government and employer-sponsored prescription drugs.
  • This report is intended for buyers with fully funded insurance and is not tailored to self-insured employers.

Scripta Insights Survey on Pharmacy Benefits Decisions Finds Self-Insured Employers Could See Substantial Savings with the Right Tools & Resources

Retrieved on: 
Thursday, September 24, 2020

Scripta surveyed 77 human resources professionals at self-insured companies in August 2020 and results show employers and members could be saving a lot more.

Key Points: 
  • Scripta surveyed 77 human resources professionals at self-insured companies in August 2020 and results show employers and members could be saving a lot more.
  • "Technologies like Scripta can help employers gain unprecedented insights into their spending every single month, driving high-impact monthly adjustments and providing unbiased analysis of PBM bills.
  • Three years from now, the prescription drug market will look vastly different and your pharmacy benefits plan should, too.
  • Scripta is a healthcare IT solution that delivers immediate, real savings on pharmacy benefit costs for self-insured employers, payers and their members.

6 Degrees Health Secures Significant Growth Equity Investment from FTV Capital

Retrieved on: 
Wednesday, September 9, 2020

6 Degrees Health , a provider of technology-enabled healthcare cost containment solutions for self-insured employers, today announced it has secured a significant investment from FTV Capital , a sector-focused growth equity investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing.

Key Points: 
  • 6 Degrees Health , a provider of technology-enabled healthcare cost containment solutions for self-insured employers, today announced it has secured a significant investment from FTV Capital , a sector-focused growth equity investor in innovative companies in enterprise technology and services, financial services, and payments and transaction processing.
  • This investment will enable 6 Degrees Health to expand its platform, which enables employers to realize significant cost savings while also generating best-in-class employee experience.
  • Our goal at 6 Degrees Health is to bring equity and fairness back into the healthcare reimbursement equation, said Scott Ray, CEO of 6 Degrees Health.
  • 6 Degrees Health provides self-insured employers with a technology-enabled cost-containment solution that delivers significant savings on healthcare claims.

With Uncertain Times Ahead, California Teachers Get Free Access to Virtual Mental and Physical Health Services

Retrieved on: 
Thursday, September 3, 2020

As California schools reopen both virtually and in-person, teachers and school employees are facing challenges unlike any theyve faced before.

Key Points: 
  • As California schools reopen both virtually and in-person, teachers and school employees are facing challenges unlike any theyve faced before.
  • With this in mind, Self-Insured Schools of California (SISC), which runs the healthcare benefits for more than 400 public school districts across California, has partnered with Vida Health to provide best-in-class mental and physical virtual care to more than 250,000 members.
  • Working in K-12 education is a difficult job under the best of circumstances, said SISCs Health Benefits Coordinator Nicole Henry.
  • In just a few short months, Vidas best-in-class mental health program is already paying dividends for SISC members.

Paragon Benefits and Medxoom Partner to Bring Technology to Lowering Healthcare Costs

Retrieved on: 
Wednesday, September 2, 2020

Medxoom, the leading healthcare benefits member engagement platform, has partnered with Georgia-based Paragon Benefits to bring a complete healthcare mobile benefits solution for members.

Key Points: 
  • Medxoom, the leading healthcare benefits member engagement platform, has partnered with Georgia-based Paragon Benefits to bring a complete healthcare mobile benefits solution for members.
  • Employers have for too long felt helpless in their ability to contain costs in their healthcare benefits offerings.
  • With greater transparency and intervention, Paragon helps improve the performance of self-insured groups healthcare investment, said Richard Brewer of Paragon Benefits.
  • About Medxoom: Medxoom unifies the health benefits experience, making it easy for Members to navigate their benefits to make better healthcare choices - saving time, money and hassles.

Morgan James Publishing Now Offers Healthcare Benefits for Authors

Retrieved on: 
Wednesday, August 26, 2020

It is a partially self-funded healthcare coverage program regulated by The Employee Retirement Income Security Act of 1974, or ERISA.

Key Points: 
  • It is a partially self-funded healthcare coverage program regulated by The Employee Retirement Income Security Act of 1974, or ERISA.
  • Morgan James has been on a 10-year journey to find a healthcare plan that works for their authors.
  • Offering health care benefits for authors is unprecedented in the publishing industry.
  • Morgan James Publishing is determined to go above and beyond for their authors, and they believe these new benefits are one step closer in that direction.

Aware Health Jumps Into the Digital Health Arena With New Study Results

Retrieved on: 
Thursday, August 20, 2020

A landmark study recently published in PM&R by Heidi Ojha, founder of Aware Health , offers a modern alternative to solving self-insured employers most costly problem: musculoskeletal (MSK) conditions.

Key Points: 
  • A landmark study recently published in PM&R by Heidi Ojha, founder of Aware Health , offers a modern alternative to solving self-insured employers most costly problem: musculoskeletal (MSK) conditions.
  • Beyond direct costs are indirect costs from lost productivity and needing to replace workers, making MSK the biggest risk to US companies bottom lines.
  • Ojha and colleagues have conducted research for a decade to find a better alternative that actually works.
  • The secret to savings is predicting who needs treatment and empowering employees with knowledge to return to health.

Mitchell | Genex Finalizes Coventry Workers’ Comp Services Acquisition

Retrieved on: 
Monday, August 3, 2020

Mitchell | Genex , a leading provider of cost containment technology, clinical services, and disability management, announced it has finalized its acquisition of Coventry Workers Comp Services from CVS Health (NYSE: CVS).

Key Points: 
  • Mitchell | Genex , a leading provider of cost containment technology, clinical services, and disability management, announced it has finalized its acquisition of Coventry Workers Comp Services from CVS Health (NYSE: CVS).
  • Coventry Workers Comp Services is a prominent provider of care and cost management programs for workers compensation and auto insurance carriers, third-party administrators, and self-insured employers.
  • This is an exciting day for Mitchell | Genex, Coventry and the industries we serve, said Alex Sun, CEO of Mitchell.
  • ( www.mitchell.com ) ( www.genexservices.com )
    Coventry Workers Comp Services offers workers compensation and auto care-management and cost-containment solutions for employers, insurance carriers, and third-party administrators.

Is Kaiser Permanente Health Plan More Efficient Than Competing Blue Cross Blue Shield Health Plans and Regional Health Plans?

Retrieved on: 
Tuesday, July 28, 2020

For decades, self-insured employers have asked whether Kaiser Permanente Health Plan (KPHP) is really more efficient than locally operated Blue Cross Blue Shield health plans, national health insurance companies, and community-based health plans, stated Dr. Douglas G. Cave , President/CEO of CCGroup.

Key Points: 
  • For decades, self-insured employers have asked whether Kaiser Permanente Health Plan (KPHP) is really more efficient than locally operated Blue Cross Blue Shield health plans, national health insurance companies, and community-based health plans, stated Dr. Douglas G. Cave , President/CEO of CCGroup.
  • There are several ways our health plan clients are comparing their performance to Kaiser as well as other potential health plan competitors.
  • Yuri Alexandrian , COO/CIO of CCGroup asserted, Under our subscription model, CCGroup shares overall efficiency results as well as medical condition-level efficiency results with health plans, health systems, physician groups, and employers.
  • Senior management of CCGroup has assessed the performance of physicians and hospitals for over 29 years for health plans, HMOs, physician groups, health systems, CINs, ACOs, TPAs, and employers.

Allsup Names Rob Sokol to Healthcare Insurance Services Role

Retrieved on: 
Monday, July 20, 2020

Belleville, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- Allsup , a nationwide provider of disability representation, employer benefits and return to work services, has named industry veteran Rob Sokol as Director of Business Development, Healthcare Insurance Services.

Key Points: 
  • Belleville, Illinois, July 20, 2020 (GLOBE NEWSWIRE) -- Allsup , a nationwide provider of disability representation, employer benefits and return to work services, has named industry veteran Rob Sokol as Director of Business Development, Healthcare Insurance Services.
  • Sokol, who will be based in the Boston area, will focus on bringing the companys private and public healthcare insurance benefits services to self-insured employers, benefits managers and employee benefit consultants.
  • We are excited Rob has chosen to return to Allsup to help us deliver a very specialized set of healthcare insurance services to our clients and prospects, said Steve Perrigo, Vice President of Sales and Account Management for Allsup.
  • Allsup and its subsidiaries provide nationwide Social Security disability, veterans disability appeal, return to work, and healthcare benefits services for individuals, their employers and insurance carriers.