You could increase productivity and lower the costs of your company’s self-funded healthcare plan?
There was a scalable platform that allowed healthcare vendors to compete for your business without increasing the administrative burden on your teams?
You could unlock the value of your HR and Finance teams to focus on long-term benefits strategy by eliminating tedious administrative processes?
AdminaHealth is revolutionizing the way companies administer their self-funded healthcare plans. We are turning the repetitive and labor intensive HR and Finance functions of self-insured healthcare plans into one easy-to-use cloud-based platform, giving you real-time online analytics and insights into all of your company’s healthcare costs.
What used to take hours, now takes HR and Finance just 5 minutes a week and 15 minutes at the end of each month, and simultaneously increases accuracy.
An impactful 1-2 punch: reduce staffing costs, plus lower healthcare rates by inviting competition among vendors.
Real-time reporting plus a repository for all historical information lets you see what’s happening day-to-day, forecast trends, and develop long-term initiatives
It’s a myth that bundling all services through one integrated vendor saves money. What your company may save on administration, it loses in competitive rates, flexibility, and transparency. The reality is that when you unbundle services, you invite competition and can choose the best vendors with the best features at the best rates. It’s good for the bottom line and for your most valuable assets – your employees.
AdminaHealth serves as a repository of all bank transfers, deposits, payments, and healthcare plan related charges. Real-time tracking and trending are available at the click of a button. You can easily see how claims experience is tracking to forecast and anticipate current and future cash flow needs. In addition to our comprehensive dashboard, AdminaHealth also provides an option for customized reports. Greater cost transparency and accuracy allows you to make more informed decisions.
AdminaHealth frees up time that would have been spent on routine administrative tasks to explore ways to maximize the return on investment in plan benefits, as well as improve utilization of services and reduce future claims. HR and Finance teams can apply themselves to going beyond healthcare basics and evaluate programs that make the most sense for your company and your employees such as wellness programs, employee claim monitoring and diagnostic tools, and Accountable Care Organizations. It all adds up to better insights, better health, and better employee retention.