Group Health Insurance

As healthcare costs continue to outpace inflation, more and more businesses are looking for ways to take control of these rising costs. Many employers that buy their health insurance off-the-shelf report the same experience: their health insurer gives them an increase every single year, doesn’t tell them exactly why, and there’s not a whole lot they can do about it.

New City solves these problems by building custom health plans for our clients. Our results have been measurable better with our clients spending half the national average on healthcare with richer than average benefits.

What Are Custom Health Plans?

If you were to look inside the inner workings of a health plan, you would see that it is made up of a set of vendors and contracts. These vendors include administrators, claims managers, pharmacy benefit managers, reinsurers and more. Some of these are insourced by the insurance carrier and some are outsourced.

With a retail health plan, these vendors are prepackaged by your insurance carrier, and there are significant inefficiencies with their vendor selections. If each of these vendors were to be shopped competitively, as is done with a custom health plan, you can significantly reduce your costs while improving benefits for your employees.

These solutions are already being employed by the largest companies in the country. New City is simply bringing these same solutions downstream to small and mid-sized employers.

Better For Your Employees

Not only do custom health plans result in lower costs for your business, they also improve the experience for your employees.

All of our plans are built on the major national networks: the Blues, United, Cigna, Aetna, Humana. So, employees maintain access to their doctors and facilities.

In almost all of the plans we build, employees are able to share in lower healthcare costs by eliminating copays for services like complex imaging, labs, and multiple classes of drugs.

Our guarantee is that we will only build health plans that maintain or improve benefits and network access for the members on your plan. So the cost savings you achieve are true savings rather than shifting costs by increasing deductibles and copays or reducing network access.

A True Long-Term Solution

By more efficiently managing the cost claims, custom health plans reduce the impact that claims have on your health plan performance and your renewals. This reduces plan volatility year over year and flattens your renewal trend in the long term.

Contact New City Today!

If you would like to take control of your health care costs, reducing premiums in the immediate term and flattening the trend into the future while simultaneously improving the experience for the members on your plan, then reach out to New City today. Please give us a call at 888.210.2759 or request a consultation online. We look forward to working with you.