Health In Tech Launches Affordable Health Plans in Ohio

Web DeskJuly 3, 2024 01:10 AMbusiness
  • Innovative level-funded health plans introduced in south-central Ohio
  • Collaboration with Adena Health and OSU Health Plan Solutions
  • Focus on cost-effective solutions and reshaping healthcare accessibility
Health In Tech Launches Affordable Health Plans in OhioImage Credits: en_prnasisa
Health In Tech partners with Adena Health and OSU Health Plan Solutions to offer affordable level-funded health plans in south-central Ohio, aiming to reshape healthcare accessibility and affordability through innovative solutions.

Health In Tech, a prominent insurtech company, has launched affordable level-funded health plans for employers in a ten-county region in south-central Ohio. These plans are backed by the High-Performance Health Network, a partnership between Adena Health and The Ohio State University Health Plan Solutions, with the goal of cutting costs through efficient healthcare resource management. The network covers Fayette, Franklin, Highland, Hocking, Jackson, Pickaway, Pike, Ross, Scioto, and Vinton counties.

Glenn Hillyer, Chief Growth Officer at Health In Tech, has expressed enthusiasm about the collaboration with Adena Health and OSU Health Plan Solutions to provide these innovative health plans. The primary focus is on offering cost-effective solutions that mitigate risks and generate savings, ultimately reshaping healthcare accessibility and affordability in Ohio.

Employers in Ohio can access these plans through a network of health insurance brokers and consultants. In a level-funded health plan, employers make a fixed monthly contribution in return for complete coverage of health claims liability, with the possibility of a partial refund if actual costs are lower than anticipated. Aither Health, a third-party administration firm based in Buffalo, New York, will manage the plans.

Health In Tech's eDIYBS platform is revolutionizing self-funding approaches for brokers, groups, and TPAs by streamlining the quoting process for small and level-funded health plans. This platform provides speed and flexibility in generating proposals, enabling users to personalize plan options and additional coverage offered by ManhattanLife, such as Critical Illness, Cancer Voluntary Coverage, Accident Indemnity Plus, Dental, Vision, Term Life, and GAP Coverage.

Adena Health, a healthcare provider serving south-central and southern Ohio for over 125 years, prioritizes comprehensive care through the High-Performance Health Network collaboration. The Ohio State University Health Plan Solutions concentrates on network, wellness, and care management services to promote cost-effective care. Aither Health, a TPA located in Buffalo, New York, delivers innovative products and services for self-funded employers.

Health In Tech's introduction of competitively priced level-funded health plans in south-central Ohio, supported by the High-Performance Health Network, marks a significant step towards enhancing healthcare affordability and accessibility in the region. This initiative not only benefits employers by offering cost-effective solutions but also emphasizes the importance of efficient healthcare resource management and collaboration among key healthcare entities. With the aim of transforming the healthcare landscape in Ohio, this partnership sets a positive precedent for innovative and sustainable healthcare practices.

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