Amazon-Berkshire-JPMorgan tests new employee health plan in some states

Haven, the healthcare venture formed by Amazon, JPMorgan Chase and Berkshire Hathaway, has begun testing some of its new insurance offerings on employees in several states, according to Bloomberg

JPMorgan is offering 30,000 workers in Ohio and Arizona two insurance plans under Haven Healthcare next year. The plan will be run by Cigna and Aetna and offers such perks as monthly financial rewards for meeting wellness goals, such as keeping blood pressure below a specific threshold. The money could be used to offset other out-of-pocket expenses, like prescriptions or physician visits, according to people familiar with the plan cited by Bloomberg.  

Copays range from $15 to $110 for most services; hospitalization charges are higher. 

Haven will track JPMorgan employee receptiveness to the new offering and whether they find it more transparent. 

Amazon is testing health plans created in consultation with Haven for employees in Connecticut, North Carolina, Utah and Wisconsin.

At Amazon, the goal is to help employees better understand the costs and connect them to primary care, according to the report. 

The efforts appear to be the early steps taken by the venture to lower costs, improve transparency and focus on the population health of its employees, according to Bloomberg. 

More articles on payers:
Humana to lay off 800+ employees
CMS delays start of primary care payment model
CEO of Texas Health Aetna out after 8 months

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