HealthEZ Announces New Cost-Reducing Product Solutions for Employers – Notice Global Web

Introducing Cigna OAP and Medical Infusion Carve-Out Program

MINNEAPOLIS, July 18, 2024–(BUSINESS WIRE)–HealthEZ, an original third-party benefits administrator, announces the start of individual newborn creation solutions aimed at serving self-funded and level-funded employers attain momentous outlay reductions of up to 20% or more. These additions physique upon HealthEZ’s renowned Cost Containment methodology, enhancing clients’ Discount Methodology, Smart Coverage Design, and Access Management capabilities.

Discount Methodology Product Solutions

HealthEZ has swollen its domestic meshwork solutions by introducing Cigna Open Access Plus (OAP) and Cigna Local Plus in key markets nationwide. These newborn offerings accent greater discounts and feature high-quality, cost-effective providers. Cigna OAP, an inner meshwork by Cigna Health Plans, delivers discounts 4% meliorate than accepted PPO networks. Additionally, HealthEZ introduces Cigna Local Plus, strategically fashioned to allow top-tier, lower-cost providers crossways 30 domestic markets, potentially reaction organisation costs by up to 9% compared to tralatitious PPO plans.

Access Management

Having pioneered deciding medicine goodness programs, HealthEZ has achieved 29% modify costs than business benchmarks for self-funded upbeat plans over the time decade. Building on this success, HealthEZ launches the Medical Infusion Carve-Out (MICO) program, targeting over 275 high-cost specialty extract services. Introduced in beta in 2023 and today generally available, MICO has demonstrated money ranging from 30% to 70% compared to PPO meshwork contracts.

Josh Schreiner, Chief Product Officer at HealthEZ, commented, “Employers covering escalating take costs are reevaluating upbeat organisation and medicine goodness structures. Our newborn solutions for self-funded and level-funded upbeat plans substance added trenchant agency to wage high-quality, cost-efficient upbeat benefits patch controlling expenses attendant to conditions same Oncology, Crohn’s Disease, Psoriasis, Ulcerative Colitis, Rheumatoid Arthritis, and more. This aggregation not exclusive delivers money on stop-loss premiums and eliminates lasers, but also helps reassert insipid renewals, benefiting employers, members, and providers alike.”

More on MICO:

MICO focuses on reaction costs for over 275 high-cost specialty extract services finished original approaches much as Manufacturers Assistance Programs (MAP) and HealthEZ’s copyrighted Cost-Plus solution. This aggregation ensures business comfort for members laden by scrutiny extract expenses patch protective admittance to execute centers of excellence. HealthEZ’s bundled Care Advocacy aggregation simplifies the impact for providers and members, ensuring unseamed tending and material money for organisation sponsors and members.

Story continues

HealthEZ module patron a webinar on Thursday, July 25th to withdraw into the aggregation details, inform housing studies, and substance insights on how HealthEZ crapper support in reaction specialty take costs. Register for the webinar here.

About HealthEZ:

Based in Bloomington, Minnesota, HealthEZ is a domestic autarkical third-party upbeat benefits chief of employer-sponsored, self-funded scrutiny plans and America’s PPO, the nation’s prototypal desirable bourgeois organization. HealthEZ is on a assignment to attain upbeat shelter cushy to see and more economical from bourgeois to enduring and the employers who money their plans. The consort partners with employers throughout the United States to have meliorate admittance to aid for their employees patch ensuring continuance and rising outcomes. solon aggregation most HealthEZ crapper be institute at healthez.com.

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Contacts

Paige Schmidt
Marketing Communications Specialist
paige.schmidt@healthez.com