City of Newark Sees Significant Savings by Integrating Healthcare2U into Medical Plan
By incorporating Healthcare2U’s Direct Primary Care within the City of Newark’s Aetna medical plan, Foundation Risk Partners generated significant savings for the city while enriching healthcare options.
March 7, 2023 (Newark, NJ) – After receiving a 21 percent rate increase for their health insurance premiums, the City of Newark sought a solution to contain healthcare spending. In response, Eagle Rock Management Group, a Foundation Risk Partners (FRP) Company, integrated The City of Newark’s Aetna medical plan with Healthcare2U. This partnership reduced the city’s aggregate stop loss numbers by 3 percent.
Healthcare2U’s Direct Primary Care (DPC) membership provides a defined set of primary care services that do not generate insurance claims against a medical plan. This claims deflection results in significant premium savings for employers year-over-year.
“With inflation and increased pension and employee benefit contributions, saving money was more important than ever,” says Joseph DiVincenzo, President of Eagle Rock Management Group. “We needed a solution to provide valuable care that did not hit the underlying self-funded medical plan. Because of its cost-containment nature, Direct Primary Care through Healthcare2U was that solution. If employers are deflecting these non-emergency claims, they are saving money.”
Healthcare2U’s membership prioritizes patient advocacy and member education to direct employees through the proper utilization of medical care. Their bilingual Patient Advocacy Line does this by guiding members through their health plan, and even assists with scheduling. Healthcare2U’s unlimited benefits include in-office acute visits for primary and urgent care, annual physicals with four labs, early-stage chronic disease management, and 24/7 Virtual DPC. The membership is nationwide and available for organizations of all sizes.
Healthcare2U is a membership-based, hybrid direct primary care (DPC) organization that ensures employers of all sizes and structures have nationwide access to affordable, consistent, and quality primary care over 40% below the average cost of traditional DPC practices operating in the market today. Through our proprietary Private Physician Network (PPN)™, Healthcare2U promotes healthy living by detecting, treating, and managing acute and chronic conditions before the onset of serious illness. Healthcare2U is headquartered in Austin, Texas and is available nationwide. For more information, visit www.healthc2u.com.
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