New health plan offering partners The Alliance, WPS, and Auxiant
MADISON, WI (September 20, 2022) ─ WPS Health Insurance, powered by Auxiant, is working with The Alliance to offer employers Administrative Services Only (ASO) health plans to offer coverage to their employees. ASO health plans wrap The Alliance’s Smarter NetworksSM with new coverage to provide employers with even more provider options.
Services available from WPS, powered by Auxiant can be tailored to each employer to meet their specific needs. “The Alliance is pleased to be working with WPS and Auxiant to help make self-funding more accessible to our employers,” said Melina Kambitsi, Ph.D., Senior Vice President of Business Development and Strategic Marketing. “We know self-funding can be confusing, but since healthcare is often the second or third largest budget item, it is important to know how to control those costs better. And we believe self-funding is the way to do that.”
This new ASO offering is available now and can help employers who want to take control of their health care costs by switching to self-funding but don’t know where to start. With healthcare prices increasing every year and Wisconsin in the top five most expensive healthcare states in the US, employers are switching to self-funding to avoid paying premiums on their fully insured plans, instead funding their health plans to pay for the medical and prescription drug claims of employees and their families.
Plus, the partnership makes available a turnkey solution of more than 30 Stop-Loss partners, 27 Pharmacy Benefit Management (PBM) services, care management, and health care navigation programs.
In addition to the employer benefits, employees have access to a local center call team, care management to assist them in managing their health, and a dedicated nurse line to help them navigate the health care system. Employers interested in learning more about self-funding or this new product can contact The Alliance Business Development team at 1-833-473-5589.
About The Alliance
The Alliance serves as the voice for self-funded employers who want more control over their health care costs. Using Smarter Networks and sophisticated data mining and analysis, they provide transparent, creative approaches to network and benefit plan design to unlock savings where others can’t – or won’t. The Alliance remains a trusted, objective partner for its 300+ employers and their brokers who seek improved access to high-quality health care by contracting with a network of 34,000 health care providers and doctors across the Midwest.
About WPS Health Insurance
As one of the largest health benefits providers in the state, Wisconsin Physicians Service Insurance Corporation (WPS Health Insurance) remains not-for-profit and offers high-quality health plans to the public and private sectors. Headquartered in Madison, Wis., WPS Health Insurance has more than 3,400 employees. WPS Health Insurance offers Preferred Provider Organization health plans for individuals and groups, third-party administrator services, plus Medicare supplement plans and Medicare prescription drug plans. Visit wpshealth.com for more information.
Auxiant is an independent third-party administrator with over 150 full-time employees and offices in Cedar Rapids, Iowa, Madison, Wis., and Milwaukee, Wis. Auxiant has been in business since 1982 and is dedicated to providing our clients with the best possible service. Auxiant specializes in customization, cost-control, health management, and technological tools for self-funded clients and members. Auxiant is known for its innovation and technology, constantly evolving to meet the needs of its clients.