Clever Care plans to support Centers for Medicare & Medicaid Services’ (CMS) efforts in delivering high quality member experience, while reducing healthcare cost through innovative benefit design with a robust provider network.
“Our syndicate of investors shows the commitment to improve health care cost and accessibility in the Medicare segment. With this financing we will build a high-quality Medicare Advantage health plan that is affordable and accessible,” commented
“The team at Clever Care has extensive relevant experience in the value-based care model for Medicare Advantage members. Each member of the senior leadership team has at least 15 years of operating experience in delivering high quality customer service to Medicare members,” said de Clercq. “We are delighted to participate in this unique Medicare Advantage program. I look forward to joining the board as we work to provide improved Medicare coverage for seniors in California.”
“Medicare spending was 15 percent of total federal spending in 2018 and is projected to nearly double due to the retirement of the Baby Boom Generation and the rapid growth of per capita healthcare costs,” said
Clever Care Health Plan’s Founders are experienced Managed Care executives, led by CEO
About Clever Care Health Plan
Norwest is a leading venture and growth equity investment firm managing more than
About Medicare Advantage
Medicare Advantage Plans are a type of Medicare health plan offered by a private company that contracts with Medicare to provide all your Part A and Part B benefits. Most Medicare Advantage Plans also offer prescription drug coverage. Medicare Advantage is the fastest growing segment in health insurance. An estimated 10,000 seniors age into the Medicare program every day.