This new model presents an exciting opportunity for plan administrators of all sizes with a valuable, easy to implement, and cost-effective approach for managing healthcare costs
Parsippany, NJ (PRWEB) April 30, 2007
Work & Family Benefits, Inc. (WFB), the nation's largest provider of dependent care resources and referral services to employer clients, today announces a partnership with Triveris, a leading health plan designer and health compliance management company, to provide companies and TPAs with a solution that delivers targeted work/life resources and preventive care information to individual plan members. The solution incorporates WFB's telephonic and web-based work/life resources with real-time clinical data from Triveris, promoting a compliance-based approach to managing healthcare.
The solution will leverage Triveris' rigorous data collection and analysis process to identify opportunities for individual members to optimize their health status. By improving individual health, and promoting proactive healthcare, organizations can reduce their clients' healthcare expenditures. The system allows plan administrators to identify individuals who are potentially large claimants at an earlier stage and provide them with customized care management strategies, including member-specific preventive care and wellness programs. Condition-specific information and resources will be delivered directly to individual members through the program. This approach, which integrates medical data and claims analysis with preventive care information, facilitates an appropriate plan of care that promotes member participation and patient advocacy. A preventive approach leads to improved employee health that, in turn, leads to lower claims and healthcare costs.
"This new model presents an exciting opportunity for plan administrators of all sizes with a valuable, easy to implement, and cost-effective approach for managing healthcare costs," says Bill Mulcahy, founder and president of Work and Family Benefits. "We are pleased to be working hand-in-hand with Triveris to add our work/life resources and telephonic support to a platform that will certainly change the paradigm of how employers approach the challenge of holding the line on healthcare costs."
"The compliance-based model, which encourages preventive care, has proven to be effective in motivating employees to take proactive steps that reduce potential heath risks," says Dr. Stephen Kardos, founder and CEO of Triveris. "Our partnership with WFB not only reinforces this model, but also brings it to a new level. We can now seamlessly integrate our clinical data analysis with a TPA's existing administrative system to form a robust platform that will deliver relevant work/life information straight to the employee's desktop. We also can provide a complete administrative platform, incorporating all conceivable TPA functions and industry-leading medical management capabilities into one database. Clearly, this is an added value for any TPA looking for an effective and efficient solution that will benefit client companies and their employees."
Triveris (Eatontown, NJ), was founded in 1991 by Dr. Stephen Kardos, and offers a unique and innovative approach to third party health plan administration and compliance management that improves patient health through clinical data analysis, leading to stabilized or reduced healthcare costs. Triveris also offers employee population disease management programs, epidemiological database management, and healthcare consultation, including HIPAA compliance issues. For additional information, visit http://www.triveris.com.
About Work & Family Benefits, Inc.
Work & Family Benefits, Inc. (WFB), Parsippany, NJ, was founded in 1992 by Bill Mulcahy, president, and is dedicated to the transformation of employee benefits to meet the needs of today's workforce. In March 2004, WFB was recognized by Business Insurance as the "largest provider of Dependent Care Resource and Referral Services to Employers Clients in the U.S." Its cornerstone is the Work & Family Benefits, Inc. Values Package®, which delivers a comprehensive work/life program with core competencies in child, elder, and adult care consultation and referral delivered as a cost-effective employee benefit. The Work & Family Benefits, Inc. product suite is distributed to employers, labor organizations, third-party administrators, associations, discount cards, and other strategic marketing alliances. For more information, visit http://www.wfbenefits.com.
My Life Values® is a trademark of Work & Family Benefits, Inc.
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