Population Health Management (PHM) is critical in maintaining the solvency of both your employee benefit program and total compensation strategy by mitigating the year-over-year inflation of your insurance costs.
This approach has the underlying objective of reducing trends which impact your bottom line and ultimately your organization's profitability. At Regions Insurance, we understand the complexities and challenges related to managing risks to the overall benefits plan and use that knowledge to help your organization navigate the obstacles related to maintaining the health and well-being of your population, all while supporting your organization's growth and culture.
Today, employers are faced with challenges from all fronts in managing their benefit costs, including extensive regulation and compliance, limited resources, ever-increasing health risks and routine business demands. In addition, insurers, hospital systems, healthcare vendors and other third parties communicate their procedures, methodologies and outcomes in a manner that is often difficult to comprehend, while you and your employees are left without a sense of clarity on how to navigate the healthcare system. Due to these and many other difficulties, our team is here to support you through this ever-changing and challenging climate.
Introducing the Regions Insurance Health Management Team
Our in-house health management team consists of senior-level health and wellness experts and data analysts dedicated to understanding the health management landscape. They translate that information into practical strategies and guidance that ensure you have the structure necessary to operate your employee benefit program effectively and efficiently as compared to regional and national standards.
Whether you are trying to determine a performance guarantee with a care management vendor, experiencing an issue related to plan design fostering higher emergency room utilization, developing policies and infrastructure to establish a healthy organizational culture, facing uncertainty in how to interpret a third-party vendor's reporting, or simply identifying channels to communicate benefit plan design to employees, we can help. Regions Insurance offers a staff of professional advisors dedicated to aiding you with each of these challenges while working to reduce current and future financial risks to your health plan.
Simplicity that Defies the Status Quo
Managing insurance and healthcare costs has likely become a challenge and a test of your organization's resolve, as well as valuable resources. In most cases, even more complex solutions are often referenced to solve complex problems. With Regions Insurance, you can rest assured that our health management approach is three-fold:
- Develop a culture of well-being within a client organization through policy and infrastructure
- Increase medical quality, appropriateness and outcomes for the covered population through care coordination and proper payment design for the medical market
- Create plan designs and vendor relationships that promote proper use of the healthcare system
To your organization, it's really just that simple. We do all the heavy lifting so you can focus on running your business.