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Company History

WellNet was founded in 1994 to address companies' needs to better manage the cost of their medical benefits. Since its inception, WellNet’s approach to addressing ever increasing healthcare costs has been to develop tools and services that educate and inform both the employer and the employees to make healthier, more cost effective decisions. Through the years, WellNet’s products and services have evolved to address the changing market landscape and regulatory environment in the healthcare industry. Model

 

WellNet’s 17 year track record in delivering effective healthcare cost management solutions and trusted staff of industry experts and professionals has made WellNet the partner of choice for small and large companies nationwide.

The WellNet Healthcare Group refers to the following WellNet branded companies operating under the leadership and guidance of a single executive leadership team:

  • The WellNet Healthcare Plan, Inc. (doing business as WellNet Rx)
  • WellNet Interactive, Inc.
  • WellNet Administrators, Inc.
  • WellNet Advisory, Inc.
  • WellNet Health Plans, Inc.

1994

WellNet Rx formed

Originally established to supply fully-insured pharmacy plans for small and mid-sized businesses.
2001

WellNet Rx expansion

Expanded service offering to meet increasing demand for detailed analysis, assessment, and consultative support for plan sponsors by administering self-funded pharmacy plans for mid- and large-sized businesses.
2005

WellNet Interactive formed

Recognizing the predictive power of Rx claims data, WellNet established WellNet Interactive to utilize predictive modeling technologies to identify at risk members and perform outreach wellness, care management and medical management programs. 

2006

WellNet Healthcare Administrators formed

WellNet established WellNet Administrators to provide third party administration services to plan sponsors in the management of their entire self funded medical benefit plan.
2009

WellNet Advisory formed

Recognizing an ineffectiveness in the traditional consultant model for healthcare, WellNet established its WellNet Advisory business to assist companies in all aspects of proactively managing their health plans.  Specifically providing plan design services, plan optimization reviews, expense reduction campaign management, regulatory consultation, technology implementations and market analysis.

2010

WellNet Health Plans

Using the experience gained in the mid-size and large group self insured market, WellNet Health Plans was formed to offer the self funded model to small to medium-sized businesses (10-500 employees).  WellNet Health Plans combines the money saving opportunities and flexibility of self-funded health insurance, previously only reserved for the largest employers, with the minimal risk and predictability of fully insured health insurance. 

 

" 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
"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
"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
" 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
"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
" 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
"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
"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
"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
"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