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Understanding Provider Networks, Formularies & Self-funding

  • Broadcast in Business
HealthCare Consumerism Radio

HealthCare Consumerism Radio

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On this week's program, the hosts welcome special guests from Vericred and EndeavorPlus to discuss recent innovations around the health insurance shopping experience, benefit plan design and much more.

The first guest is Michael Levin, CEO of Vericred. As health plans for under-65 individuals, seniors and small groups have become increasingly homogenized due to federal and state regulations, provider networks and formularies have emerged as the key differentiating factors between carriers and plans. Despite this, effective decision tools bringing transparency to these critical factors remain scarce. In this interview, Michael and the hosts will talk about the importance of understanding provider networks and formularies in the health insurance shopping experience and best practices for delivering an effective health insurance shopping experience.

The second guest on the program is Daniel Wells, EVP of business development at EndeavorPlus. In this interview, Daniel will talk about the advantages offered by the innovative EndeavorPlus Plan, a specially-designed, consumer-driven health plan. EndeavorPlus is the first company to offer all fully insured businesses a direct path to self-funding. In the process of offering businesses this solution, EndeavorPlus also offers state-of-the-art technology to its members in the form of its new mobile app and has created a brand new asset class with its health risk bonds.

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