UCHealth Offers New, Expanded Health Plan Services for Employers
PR Web |
Beginning in early 2014,
Self-funded insurance plans are an alternative to traditional health insurance, enabling businesses to directly insure their employees, potentially saving 10% to 20% of health care costs. Further, self-funded plans are not subject to state premium taxes, which will provide additional savings for businesses.
A new division at
UCHealth is one of the only integrated health care systems in the
“Employers are beginning a new era of directly providing coverage and care for their employees, and our focus is on helping them navigate this efficiently and simply,” said
UCHealth has a nationally recognized record of delivering health care at peak efficiency while also attaining the highest quality and best outcomes for patients. This focus on quality and on keeping patients healthy will add to the potential savings for businesses choosing to partner with UCHealth Plan Administrators.
“It’s the combination of quality, efficiency and the best outcomes that I think is the most exciting,” said UCHealth Interim President and CEO
“I know it seems odd that we’re working to keep patients out of our hospitals, but our vision is to help take the world from health care to health,” Neff added. “Providing the very best outcomes enables us to manage and improve the health of a large population of patients. It’s the future of health care.”
The new UCHealth Plan Administrators will incorporate the activities of two legacy plan administrators, Medical Network (MedNet) of
UCHealth Plan Administrators will offer integrated product and service models that include complete self-funded administrative services. Its benefit designs include high deductible plans, health savings and reimbursement accounts, and pharmacy plans. “The key,” Major said, “is to customize a benefit approach designed to meet each individual employer’s needs, balancing cost with quality.”
In addition to locations and providers across the
Interested businesses or brokers can call 855-519-6841 or visit tpa.uchealth.org
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