Business
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Employee Healthcare costs are a major expense for most businesses. · Payment of health insurance premiums for staff · Pre-employment and executive screenings · Sick leave payments (a significant portion of sick leave relates to preventable illness which could be avoided with proactive healthcare. · Employee assistance programmes / staff counselling and support services.
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Avantis Health offers businesses a platform to manage all these costs - the service includes a structure to address staff needs (a Savings account) and access to a Network of healthcare providers (e.g. to organise executive screenings, support services, medical purchases). Best of all, you will be purchasing healthcare services at discounted costs - given on our ability to create transparency in the system , our considerable purchasing power and our professional negotiators.
Consumer Driven Healthcare fundamentally changes the traditional approach enabling your employees to take control of their healthcare purchasing. Here's how it works:
1. An Avantis Health savings account is opened in your employee's name account at one of our partner Banks.
2. The employee then saves regularly for healthcare needs (Many companies choose to partially contribute as opposed to paying health insurance - this offers the potential for significant savings for the company).
3. As the employee has to contribute and take ownership for their healthcare costs, this model promotes ownership by the employee.
The Avantis Health Account has a number of distinct features:
· Its owned by the employee and in their name
· It has a credit facility when the account may not have adequate funds to cover the healthcare needed
· It has a payment card for all routine and non-routine health payments
· There are no excesses or complicated rulesThe employee purchases their healthcare through the Avantis Health Network, where we ensure that the employee is protected by appropriate agreements with our provider network and obtain significant discounts on their purchases:
· The employee uses the Avantis Card for routine purchases e.g. medicines and get discounts from our preferred providers
· They purchase non-routine treatment from our network of providers
As an employer, you can offer all the benefits of this approach without having to be directly involved in the decisions made by employees.
A variation on the model is where the employer chooses to fund all of the healthcare spending of their employees. Using the above approach, depending on the health profile of your employees and your current arrangements, significant cost savings should be achievable for the company...
Register an enquiry now, it take less than a minute! We will be in contact to arrange a visit to your business to talk further about the options for your available. We look forward to meeting up with you.
