Healthcare Finance News November 4, 2024
SimplePay Health is intended to further reduce costs and improve outcomes, company says.
Aetna, part of CVS Health, has rolled out SimplePay Health, an alternative health plan that aims to simplify the member experience.
The plan, for self-insured clients, is intended to further reduce costs and improve outcomes and features a payment model and resources geared for choosing high-quality providers.
Internal data provided by Aetna showed SimplePay Health has demonstrated a 60% increase in the use of top-quality providers and a 12% total cost of care savings for employers and members.
WHAT’S THE IMPACT
Aetna said that SimplePay’s approach gives members more price certainty before a visit or treatment. Members pay a copay for every covered medical and pharmacy service...
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