MINNEAPOLIS–(BUSINESS WIRE)–Bind Benefits, Inc. introduced immediately it has been named by Fierce Healthcare as a Fierce 15 firm, designating it as some of the promising well being care firms of 2021.
“The Bind workforce is actually honored to be acknowledged by Fierce Healthcare,” stated Bind CEO Tony Miller. “Bind was constructed on the assumption that we should create a future the place folks can get to their finest well being affordably and keep away from wasteful or low-value care alongside the best way. Step one is adopting a condition-first, customized well being plan design that may flex primarily based on the distinctive well being journey of every particular person. Designing insurance coverage on this means immediately modifications how folks have interaction with their well being and permits them to decide on what’s finest for them.”
The Fierce 15 celebrates the spirit of being “fierce”—championing innovation and creativity, even within the face of intense competitors. Fierce Healthcare evaluated a whole lot of firms from world wide for the record, which is predicated on a wide range of elements, reminiscent of energy of know-how, partnerships, enterprise backers and their modern approaches to fixing a number of the most advanced and longstanding issues within the well being business.
“In what’s been an particularly difficult time, this group of Fierce 15 winners are reimagining the trail ahead for well being care and main the modifications that can form how well being care of the long run is delivered,” stated Fierce Healthcare’s govt editor Tina Reed.
Fashioned in 2016, Bind launched a completely new mannequin of medical insurance design that eradicated deductibles and coinsurance, giving folks one thing they by no means skilled earlier than—medical insurance centered on situation, therapy and well being. With medical insurance centered on bettering and sustaining well being, more practical suppliers price much less, costs are primarily based on client worth, and protection can change as an individual’s wants change.
In 2020, Bind launched data that exhibits its customized well being plan outperformed risk-adjusted business benchmarks, demonstrating that a greater well being plan design can drive greater engagement and an energetic, knowledgeable well being care client.
Bind operates its self-funded Administrative Providers Solely (ASO) platform nationally for 15 of the World and Fortune 500, in addition to dozens of different employers, together with Greatest Purchase, Culligan, Lumen and Medtronic. Final yr, Bind expanded into the fully-insured market to carry extra employers, workers and brokers the medical insurance innovation they deserve.
For extra details about Bind, go to yourbind.com.
Bind redesigned medical insurance to present employers the chance to supply a sustainable, enticing well being profit—with out compromising protection or high quality. Members can see therapy choices and evaluate costs earlier than making a choice. The Bind customized well being plan delivers the liberty to decide on—and the data to decide on properly. Be taught extra at yourbind.com.
About Fierce Healthcare
Fierce Healthcare is the well being care business’s each day monitor offering the most recent information and knowledge on the intersection of well being care enterprise and coverage. With an viewers of greater than 120,000 high well being care professionals, Fierce Healthcare delivers insights that energy selections and experiences the place communities thrive. We’re Fierce – in all places you want us to be. #BeFierce