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In our continuing commitment to partnership and transparency, HealthSmart convened the Broker Advisory Council Spring Summit on March 31, 2021. While the Summit featured a full agenda, the highlight of the meeting was the opportunity for our broker partners to ask questions and give input, and for us to listen and respond with timely, accurate information. Read more>>


Since the pandemic began more than a year ago, medical experts and researchers have tracked a troubling trend of deteriorating mental and emotional health among the population. Frontline healthcare workers and essential employees were among the first to exhibit signs of increased stress, including post-traumatic stress disorder (PTSD), as they dealt with unimaginable care challenges and tragic patient outcomes stemming from COVID-19.


While 2020 will be remembered for grief and unbelievable challenges arising out of the COVID-19 pandemic, the year will also be remembered for ingenuity, innovation, resolve, and courage. As we face 2021 with renewed hope, I would like to circle back to our Brand Promise as the foundation upon which we built a successful year and upon which we will construct an outstanding 2021.

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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.


Employers’ interest in self-funded health plans is on the rise. Today, more than 60% of all employers in the U.S. self-insure their employee medical benefits. But one catastrophic claim can deal a severe blow to the plan and its sponsoring organization. High-cost specialty drugs and the continued growth of $1 million+ claims are pushing more and more clients to utilize stop loss insurance. It's important to have the right partner. Here are some tips to keep in mind.


Rare, severe and chronic conditions are often treated using specialty pharmaceuticals, which may be delivered by infusion in the home or institutional settings. Specialty pharmaceuticals, however, can be extremely expensive, creating financial hardships for members and plan sponsors. HealthSmartRx Solutions can help members navigate available financial assistance programs, resulting in cost savings, better clinical outcomes and higher member satisfaction.  Learn More
 


When the world first became aware of a new virus with a potential global impact, little did we realize how much it would change our personal and work lives. From the outset, we knew our focus needed to be on helping our clients navigate COVID-19 with information and resources. We also knew we needed to focus on the safety of our staff to ensure we would be able to continue to operate to meet our clients’ needs. Learn more about how HealthSmart is managing our staff’s health and safety needs to avoid potential impacts on our operations. 


As the cost of health benefits continues to rise faster than the rate of inflation, many plan sponsors are looking for alternatives to traditional PPO networks. Plan sponsors want benefits administration partners that can deliver creative and comprehensive solutions that control costs while delivering high quality clinical outcomes and member satisfaction. SmartDecision, HealthSmart’s approach to Reference Based Pricing (RBP), offers a unique alternative.


Diabetes is a costly, chronic disease that is widespread and becoming more common. Most cases arise from poor diet and other behavioral contributing factors. The good news is that prevention starts with awareness. World Diabetes Day is November 14, 2020. HealthSmart recognizes this important day with resources to help members manage this disease. Learn more!


The rising cost of care is a major issue for all types of payers, but a single case of a rare or complex condition can wreak havoc on a self-funded plan. Join HealthSmart for an informative webinar explaining how our data-driven clinical approach to specialty case management can protect your clients from catastrophic losses. Pam Coffey, RN, Chief Clinical Officer and Martino Luu, EVP of HealthSmartRx, will share the benefits of a truly innovative approach to managing high cost clinical conditions to achieve better outcomes, reduced cost and more satisfied members and clients. Read more>>

Watch the recording


 


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