Health Care Performance Management for TPAs
We have a new business model, unlike traditional healthcare data warehouse tools featuring a unique healthcare application warehouse that integrates healthcare services, data, and applications from multiple vendors seamlessly on a single secure social network. This valuable new online tool allows TPAs to aggregate and coordinate multiple services and programs from various vendors, such as Carriers, TPAs, and Healthcare Providers, on a single platform.
By bringing together the three main pillars of healthcare – Consumers, Employers and Providers – the technology also enables decision makers to drive higher member engagement leading to better health behavior, which directly improves healthcare outcomes and reduces health cost.
Today's benefit plans should include CDHP with technology tools that provide plan participants the tools needed to compare healthcare services and pricing. HSA account management software has to be good enough for employees to want to fund their account. Domestic "Health Travel" increases immediate access to quality care, "Centers of Excellance" and reduces healthcare cost with a per procedure savings up to 30%.
In order to deliver the evolutionary technology and Health Travel benefits, new ERISE Self-insured contracts are needed to make this a deliverable to every employer, regardless of their employee count. Eligible expenses have to include approved procedures provided by global providers. Many employers today have employees living abroad. These contracts have been created and are available today.
Several collaborating companies have crafted this never seen before employee healthcare benefit solution that manages healthcare cost! The Gold Standard.