A.
We have been gaining traction within the broker community over recent years. Since ObamaCare was passed, we’ve seen a large influx of brokers looking for a value-add solution to help retain clients as well as build their books of business. Our P2P software allows brokers to show their clients savings directly resulting from the use of the system.
A.
Yes, and many, many more. Unlike traditional carriers or ASO-based solutions, WellNet does not look at just the major areas of risk. Rather by using co-morbidity, we can understand total and individual risk and apply care management from an individual patient perspective addressing all of their issues and risks instead of a standard set of just a few major areas.
A. We charge a management fee and the broker arranges the compensation with the client. WellNet is happy to suggest compensation implemented by other clients.
A.
Traditionally, it has been difficult to work with competing PBMs if the client is solely looking to use WellNet’s software. This is why we are our own PBM, because it ensures that we have access to a daily feed of claims information that is loaded into our HIPAA-compliant platform in addition to having the lowest net cost on prescription drugs.
A.
Yes, We currently have clients that have that exact set-up. Prior to implementation, we work with the Carrier/TPA to set up an ongoing feed that is updated multiple times per day ensuring that members’ deductable payments are accurate and accounted for. This ensures that both medical Rx deductibles are combined resulting in no over payments by members once the deductable level has been met.
A.
Yes, using P2P’s analytic software, member count per condition can be tracked which allows precise engagement strategies to be put in place, reaching only those individuals with said conditions.
A. Yes, information is shared on a de-identified (aggregate) bases.
A.
We receive daily feeds from the vendors. When a member visits a pharmacy to fill their prescription, the Rx information is fed directly back into the system at 4 a.m. the next day so P2Par users can see the most accurate and up-to-date data.
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"
Point to Point's Active Reporting system is highly informative on a real-time basis and has helped me save $238,000."
Vice President of Human Resources
University
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"For the first time, we’re catching problems before they become catastrophic. WellNet’s the type of partner that’s proving that they’re able to drive down medical costs."
Consultant
Mid and large size businesses
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"We were confident that we would save money with WellNet and we liked their service model, what we did not know was how much they were willing to dig in and drive the process for us."
Vice President of Human Resources
Hospital facility
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"
We have saved $850,000 by using WellNet’s Point to Point technology. Medical expenses are lower, but the level of coverage is not and members are not paying more. WellNet provides valuable information that is understandable and they provide effective turn-key strategies to lower claims over the long term."
Director of Human Resources
School District
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"You finally have unlocked the black box. I can only imagine that this platform is going to disrupt many outsiders’ revenue streams. I told my VP of HR this past year that I wanted something that gave me control of my healthcare expenses, not the same 18% increase that then gets knocked down to 12%. You guys have nailed it. I’ve never seen anything like Point to Point before."
Chief Executive Officer
National Nursing Home Chain
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"
Every single service representative we work with at WellNet is outstanding! Their advisors' responsiveness, knowledge and caring attitude are the best we have seen in the business – and we have seen a lot!"
Director of Employee Benefits
Hospitality firm
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"It makes complete sense to correlate the Rx usage with the medical plan. With WellNet we can now monitor this and make better proactive decisions based on what the data tells us."
Vice President of Human Resources
Financial Magazine
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"Having data analyzed and interpreted will help in planning for the next 3 to 5 years out, which every CEO needs to do. Any growing company needs to be thinking about all of their healthcare benefits; having this kind of data allows us to manage our 3rd biggest expense as we approach all of our other business units."
Chief Executive Officer
Manufacturing firm
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"What haven’t you included in here? If I understand correctly, there’s no piece of data or healthcare service that’s not included here. This is brilliant."
Senior Vice President of Human Resources
National and Regional non-Profit
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"I have got to tell you that you really ’WOWED’ all of us, not only with the extent, usefulness and volume of data but also with Point to Point’s ability to present and interpret. We view your technology as an extremely useful tool."
Employee Benefits Manager
87 location Mid-Atlantic Bank
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