WHAT ARE VALUE-BASED BENEFITS?
Value-based benefits are a new way of looking at health care plans. Like traditional health insurance, our plans cover members when they get sick or have an accident. However, value-based plans have an added bonus. Our plans include incentives to reward members for completing specific Health Actions designed to keep their health on track. Incentives can include cash rewards, enhanced benefits or more. The result: a healthier, more productive workforce and lower costs for the long term.
With Value-Based Benefits,
Everyone Wins:
- Employees enjoy better health and a better quality of life
- Employers gain a healthier, more productive workforce, and lower health care costs
How do Value-Based Benefits Measure Up in the Long Run?
By motivating members to be proactive about their health, value-based benefits identify health problems earlier. Earlier diagnosis can make a big difference in an individual’s quality of life and outcome, as well as reducing overall medical costs.
| Stages of Treatment |
Cervical Cancer |
Breast Cancer |
Prostate Cancer |
Colon Cancer |
| Early Stage Treatment (per year) |
$8,000 |
$14,000 |
$13,000 |
$22,000 |
| Late Stage Treatment (per year) |
$49,000 |
$61,000 |
$50,000 |
$91,000 |
| Annual Difference |
$41,000 |
$47,000 |
$37,000 |
$69,000 |
Learn How SeeChange Health Makes Value-Based Benefits Work for You
SeeChange Health Insurance provides fully insured value-based benefit plans to small and midsize employers up to 200 employers. (And if your group is even larger we'll still take a look at it). With a large selection of products ranging from HSAs to Co-Pay plans, we’re likely to have a health plan that works for you. Learn More.
SeeChange Health Administrative Services brings value-based benefits to self-insured employers through flexible programs that are customized to suit your needs. Learn More.
SeeChange Health Engagement and Incentive Platform it’s available to health plans and large employers looking for a turnkey health improvement and cost savings program. Learn More.
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