Navigation Links
Regence Introduces Two New Plans Designed Especially for Small to Mid-Size Companies
Date:10/11/2007

Innova and Engage bridge the gap between traditional and consumer-directed plans with simplified options that allow employees to self-manage their

benefits

PORTLAND, Ore., Oct. 11 /PRNewswire/ -- Amid rising health care costs, many smaller employers have been torn between trimming their health benefits or passing the costs to employees in the form of increased deductibles and co- insurance. This is why Regence has introduced Innova and Engage, which represent a completely new type of health care benefit known as self-managed plans.

Innova and Engage give employers and their employees flexibility, choice and control over their benefits, with features that include direct access to their choice of providers, customized wellness programs and online cost accumulator tools that allow them to keep track of their health care spending. On average, these plans offer up to a four percent better value for similar benefits in traditional plans, depending on the size of the company and the benefit options they select. Innova and Engage are designed for small to mid- size companies with two to 99 employees.

"Innova and Engage mark a significant milestone for smaller group employers, who often must pass health care costs to their employees in the form of increased deductibles and co-insurance. The unique benefit designs of these plans offer affordable benefits that don't sacrifice the freedom and choice employees want," said Cary Badger, vice president of Market Development for Regence. "For the first time, employees will be able to self-manage their benefits in a way that will directly impact their health care costs while still enjoying the benefit of a comprehensive benefit plan."

A unique advantage of Innova is that it provides upfront preventive benefits before an employee has to meet his or her deductible. Engage simplifies coverage with a single coinsurance level that applies to all categories of providers, including physicians, hospitals, labs and clinics. Both plans include a 24-7 nurseline, maternity management program and Regence health coaches, who help members develop their own personal health development plan and provide support to help members meet their health goals. Members on Regence's self-managed plans also have access to myregence.com, where they can view claims information and use a new cost accumulator tool to help manage their health care spending. For more information on Regence's self-managed plans and product features, go to http://www.howdoyoufeel.com.

About Regence

Created in 1995, Regence is the largest health insurer in the Pacific Northwest/Mountain State region. It includes Regence BlueShield of Idaho, Regence BlueCross BlueShield of Oregon, Regence BlueCross BlueShield of Utah and Regence BlueShield (in Washington). Through these plans, Regence provides health, life, vision, dental and long-term care insurance to nearly three million members. Regence and its Plans are not-for-profit, independent licensees of the Blue Cross and Blue Shield Association. More than one in three Americans have coverage from the Blues. For more information, visit http://www.regence.com.


'/>"/>
SOURCE Regence
Copyright©2007 PR Newswire.
All rights reserved

Related medicine news :

1. E Merck introduces Livogen Z with zinc sulphate
2. TI Cycles Introduces Foldman
3. Canada Introduces Mandatory Nutrition Labeling
4. Amgen introduces Autoinjector For Treating Anemia
5. Cuba Introduces New Device for Detecting Vascular Diseases
6. China Introduces Solar-powered Baths
7. Allergan Introduces ‘Dermal Filler’ for Smile Lins
8. UAE Introduces Cervical Cancer Vaccine
9. Cynosure Introduces Higher Power Smartlipo(TM) LaserBodySculpting Workstation
10. Iceland Introduces Smoking Ban in Bars and Restaurants
11. Indian Introduces Paan-flavoured Condoms
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:4/24/2017)... ... ... Rod Burkett, CEO of Gardant Management Solutions, was recently featured in The ... forefront of Gardant since it was founded in 1999. His drive and inquisitive nature ... than 40 new senior living communities. With his leadership, Gardant has grown to be ...
(Date:4/24/2017)... , ... April 24, 2017 , ... Come to PAINWeekEnd ... 4200 Jim Walter Blvd, for an educational and exciting 2-day program. , An ... staff hearing this before they approach patients” about the course entitled Ain't Misbehavin': Decreasing ...
(Date:4/24/2017)... ... April 24, 2017 , ... A ... over the last decade, student well-being has seriously declined. "When disenfranchised youth from ... education, join the Islamic State to turn the historic multi-ethnic and multi-religious powerhouses ...
(Date:4/24/2017)... ... April 24, 2017 , ... “The Saint with Trin, and Omega Station”: ... Station” is the creation of published author, Chris Jackson. Chris Jackson grew up ... in the Dallas Independent School District teaching English. He is heavily involved in the ...
(Date:4/24/2017)... ... April 24, 2017 , ... ... wear distributors and International relief organizations across the globe to provide effective protection ... lifestyle and work wear collections via insectshield.com . In the wake of ...
Breaking Medicine News(10 mins):
(Date:4/20/2017)... , April 20, 2017 Research and ... Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, ... report to their offering. ... The global pharmacogenomics market was valued at US$ 7,167.6 Mn ... by 2024, expanding at a CAGR of 5.6% from 2016 ...
(Date:4/20/2017)... Research and Markets has announced the addition of ... By Service (Manufacturing, Research), By Country, (Brazil, Mexico, Colombia, Argentina, ... to their offering. ... The Latin American pharmaceutical contract manufacturing services market is anticipated ... drug registration cost in Latin American countries and continuous economic ...
(Date:4/19/2017)... , April 19, 2017 The Mobile X-Ray ... showcase a healthy CAGR during the forecast period ... in the global digital mobile X-Ray devices market, which is ... in 2017, expanding at a CAGR of 7% over the ... $ opportunity of more than US$ 100 Mn in 2017 ...
Breaking Medicine Technology: