More Visibility and Control to Your Health Costs
We believe that providing companies with best-in-class partners and full transparency into costs, collectively, we can significantly drive down your healthcare and pharmacy costs.
Whether you're fully-insured or self-insured, we strategically address three main cost drivers:
The administration of healthcare claims can comprise up to 8% of total costs. We have built our own TPA, which eliminates much of the ancillary charges and equates to 5% in savings.
Our solution is a pure captive, which operates on a flat management fee. Members are billed only for services your employees use. This offers control and savings, typically 15-35%.
Pharmacy services are often the least transparent healthcare cost. Our solution is a one-of-a kind transparent passthrough model which delivers saving of 20% or more of pharmacy spend.
Parcel Health's Captive
These videos explain the benefits you and your company can reap through the use of Parcel Health's captive, administered by Roundstone.
Employee Engagement: The Parcel Health Program Difference
We will work with each employer and its employees to ensure full comprehension of benefits.
1. Help employees identify preferred primary care physician and navigate network transition.
2. Guide employees on the benefit of using our industry leading benefits technology platform.
3. Educate employees about the value and importance of each benefit offered.
4. Work directly with employees to find lower cost care and improve overall health.
5. Every employee in the PHP will be enrolled in a custom health & wellness program offered through BWell Mind & Body.