The Laws of Healthonomics illustrate the impact of the healthcare crisis on employers and their employees. We use this to craft our solution for healthcare need-based health benefits and management in your organization so that you can keep employees healthy, reducing healthcare costs while increasing productivity.
1. Soaring healthcare costs are only the symptoms. You've got to discover “Root” causes.
2. Investing to keep employees working and healthy beats paying for them when they’re out and sick.
3. Sickness costs more than wellness.
4. Diabetes, cholesterol and hypertension are the usual highest cost drivers.
5. Throwing money at healthcare costs won’t make them go away.
6. Identify behavior that leads to healthcare costs before they happen.
7. Lower healthcare cost for chronic disease treatment compliance is the new competitive advantage.
Our solution reduces an employer’s cost of providing healthcare benefits by addressing and managing all plan participants' state of health. Our "GOLD Standard" healthcare benefit solution is an expertly crafted, fully integrated, comprehensive deliverable. To accomplish the significant and measurable results, the root cause of increasing healthcare cost has to be identified then managed. CIGNA reports that 80% of all healthcare costs are a result of bad lifestyle/behavior choices. The solution manages the healthcare supply chain.
The fully insured insurance industry will not co-operate with our needed data exchange; it does not allow you to keep any savings created or provide superior management with detailed clinical and financial reporting. Illustrating the actual cost of your group’s healthcare consumption is a new concept. We can show you what your group's healthcare cost will be. We improve quality of life while reducing healthcare cost.
We collect pharmacy data, claims data, health risk assessments and biometrics to identify individual disease risk, manage plan participant’s disease compliance and postpone condition progression that reduces or avoids high healthcare spending. You keep the healthcare savings- not the insurance company. We have measured up to a 30% reduction in healthcare cost by improving a person’s state of health. This flattens renewals.