Our Solution
Wellness alone won’t take you down the road of ROI. It won’t deliver lower claims, or drive sustainable results, because WELLNESS doesn’t manage risk. That’s the role of Health Management, where the “Rubber meets the Road”.
Health Management Activities
When members sign in to Wellvibe for the first time, the system automatically adapts to their personal information, age and gender. A custom user interface is then created with clear direction in each activity. All activities come with simple instructions on what must be done to earn credit.
For Employers
Wellvibe can help lower your claims costs, which is money in your pocket. Lower claims are also reflected in your actuarial modeling and will positively impact your renewals. Healthier employees have lower absenteeism which means increased productivity. A culture of wellness gives companies a competitive hiring edge and promotes employee retention. And Wellvibe accomplishes this without burdening your HR department. With rising health care costs distracting business owners from focusing on other aspects of their business, Wellvibe can engage your employees and connect them with programs and services to help them manage their health and positively impact your claims. Using barcode technology and unique user IDs, Wellvibe keeps employers HIPAA compliant while still addressing the root causes of high claims. Based on our experience, Wellvibe works best for organizations that:
- Have a leadership team dedicated to the implementation and ongoing success of the program.
- Implements a strong communication strategy to effectively reach and engage members.
- Have employees with internet access. If not in the office, there must be a high level of confidence that employees have access at home.
- Are committed to a strategic wellness incentive, such as a medical insurance premium discount for employees who complete required activities and/or obtain health outcomes per plan requirements.
For Brokers
The Wellvibe platform is an independent product that can be resold and branded. Brokers can brand Wellvibe as their own and sell it to clients, who can customize it to meet their needs. Instead of just offering traditional broker services, you can now bring more value to the table with this proven health-management system that will enable your clients to control their costs, now and into the future. When brokers buy the Wellvibe platform, they go to the table with a ready-made solution to their clients’ main concern: rising health care claims.Wellvibe works in the long term by identifying and reversing risk to achieve sustainable results. And in the short term, Wellvibe’s cost-effective tools mean lower claims when medical services are needed. And the best part? It doesn’t add to the administrative burden. Once it’s up and running, Wellvibe manages itself. How? First, it builds a personalized strategy for each user based on individual risk factors, lifestyle and claims history. Then it clearly communicates activities aimed to reduce risk, and delivers rewards upon completion. Clinical logic means it constantly adjusts the strategy and assigns new tasks as each member’s needs change. (Wellvibe also makes it easy for employers to assign their own tasks – if they’re sponsoring an educational seminar for pre-diabetics, for example.)The other side of health management involves utilization. Wellvibe provides tips and tools so members can make cost-effective decisions regarding medical services. Tools like telemedicine, pricing transparency, and ER alternatives.
Healthier employers. Smarter consumers. It all adds up to lower claims.
Wellvibe won’t put a burden on your brokerage, either. We take care of the implementation. We provide the marketing materials. Future system updates are included with the initial purchase. Wellvibe retains a percentage of each sale in exchange for ongoing support. You buy it once; you sell it as often as you like.
You may already be familiar with the Wellvibe platform and not realize it. It’s been implemented, to rave reviews, under such names as Bend the Trend, Health Matters, or EHL (Empowering Healthier Living).
And what companies are buying it? Those with fully funded plans that don’t have access to it through their carrier, for one. And employers who switched from fully funded to self-funded plans often lose their access to health management – just when they need to be most concerned about rising claims costs. The opportunity is there; you just need to take it!
Please contact us to learn more about this opportunity to grow your business and bring more value to your clients.
For Carriers
Wellvibe creates an environment for carriers to be more competitive, delivering more value to employers than basic benefits services. Because health management is a longer journey, it encourages client renewal. Wellvibe also gives carriers the opportunity to create competitive leverage, aligning services based on risk with providers at contracted pricing. An active health management role also feeds into a carriers’ 5-star rating, measuring them on engagement with their population, which means they can generate more money on the Medicare/Medicaid side.
For Providers
Similar to carriers, providers will benefit when they match services with an identified risk population. When risk can be measured, that information can be used to better manage the medical treatment side. Better management is cost-effective and increases patient satisfaction. Value-based provider contracts and clinical alignment will improve your market share, and risk measurement and mitigation will identify and increase the need for services.