March 2021

Elan Insurance Groups Partners with HealthSmart to Provide Coverage to U.S. Virgin Island Employers

3/24/2021 4:01:13 PM

Elan Insurance Groups Partners with HealthSmart to Provide Coverage to U.S. Virgin Island Employers


For the 110,000 residents of the U.S. Virgin Islands (U.S.V.I.), health insurance coverage has been a hit or miss proposition. That is, until Elan Insurance Group brought a cost-effective choice to employers in the U.S.V.I.

In a new case study published by HealthSmart, Omar Haedo, founder of Elan, a Miami-based company, outlines the challenges he faced bringing his vision of tailored insurance coverage to the U.S.V.I. and how his partnership with HealthSmart propelled his success. “I found a strategic partner in HealthSmart that shares my vision for innovation,” says Haedo. “This has allowed Elan to provide successful coverage solutions to clients requiring unique, out-of-the-box approaches to meet their employees’ health insurance needs.”

To date, Elan’s coverage solution powered by HealthSmart’s proprietary TPA solutions, has resulted in 60-70 percent off hospital and facility billed charges, 4-7 percent medical plan spend savings thanks to the bundled pricing program, and zero out-of-pocket costs for members.

Download the Elan Insurance Group case study here.

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