Direct contracting, in which self-funded businesses eliminate insurance companies in order to partner directly with a healthcare provider, can give the employer more control over the employee health benefit design, and potentially lower the cost of care and improve health outcomes.
Today, many companies are contracting directly with an ACO for healthcare services, according to the most recent data from the National Business Group on Health.
HOW THIS WORKS
Under direct-contracting, one potential plan design is doctors having more flexibility to better manage their patient's treatment without having to fight through red tape such as prior authorizations. Under this model employers replace outdated administrative burdens with more innovative and effective care management strategies that contain costs. ACOs successfully utilize many care collaboration strategies to achieve high quality, improve outcomes and reduce costs.
Well Team Partners brings refreshing new ideas that enable companies to achieve cost-savings and better care for their employees.