"I'm very excited about our partnership with fellow Houston-based company DHS Group," Bene-Fit CEO Barry Glenn said. "The insight HealthSpective provides enables us to help our clients identify and minimize exposure not only in their employee populations, but in their healthcare plans as well."
The Bene-Fit Health Risk Management Program reduces healthcare spending for clients by enabling employees to fully fund supplemental benefits through participation in an ACA-approved wellness program. The burden of supplemental premiums is lifted from the employer while, simultaneously, improving the health of their population through the wellness program. Bene-Fit's innovative approach towards employee engagement makes it significantly more effective than previous Health Risk Management programs – and the addition of HealthSpective's services promises to increase the effectiveness even more.
Using the Engage module, Bene-Fit allows employees to purchase fully-funded wearable activity tracking devices that allow them to track their fitness levels and monitor their progress towards goals and challenges set by health coaches. The Analyze and Engage Medical modules will track this information along with employees' claim history and other data to create personalized risk profiles that Bene-Fit can address through preventative coaching and other measures.
"We're now capable of reducing healthcare spend for our clients at every level," Glenn said. "From identifying, intervening and improving the health of high-risk segments of a population to designing custom plans that maximize coverage while minimizing exposure."
Bene-Fit has already begun issuing wearable devices for the Engage module and expects to offer the Analyze service to clients by February 1, 2017. They will be exhibiting at the ISCEBS Employee Benefits Symposium in September 2017.
At Bene-Fit Group, we are passionate about helping Americans improve their health while saving on benefits through our Wellness program.
Our company is made up of 3 key divisions: Bene-Fit Group, Bene-Fit Wellness and Bene-Fit Insurance Services. Together, we created Bene-Fit to be an engaging program that helps employees develop healthier lifestyles that reduce their long-term health costs, all at no financial risk.
About DHS GROUP:
DHS Group works with companies and health plans to achieve better health outcomes through population science and member engagement tools. With roots extending back to 1997, DHS Group simplifies the data behind healthcare, creating actionable solutions, engagement tools and resources that elevate population health.
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SOURCE DHS Group