Americans are more anxious about healthcare costs than ever before. A new Gallup study found that nearly half of U.S. adults are worried they won’t be able to afford necessary healthcare next year. Even more striking, 90% believe Americans spend too much on healthcare for the quality they receive. These numbers reflect a growing disconnect between cost and value in our healthcare system. For employers, rethinking how health plans are built isn’t just a cost decision. It’s a chance to deliver affordable, high-value care that employees deserve. https://lnkd.in/eVVtxXQs
Imagine360
Insurance
Wayne, Pennsylvania 16,677 followers
Providing complete health plan solutions that deliver deep cost-savings and an unmatched customer experience!
About us
Imagine360 is an integrated health plan addressing one of the greatest challenges on behalf of self-funded employers: healthcare costs are harming the bottom line, they're increasingly unaffordable for employees, and the experience remains poor. We help businesses and their employees navigate through clutter and chaos and bring deep cost savings that protect everyone’s well-being and budgets. It’s way more than a health plan. It’s a promise. We’ve helped hundreds of self-funded clients. Our solutions are ready to be implemented. The results are proven and impactful. Imagine360’s innovative payment model includes preferential contracting with providers and health systems, and additional price protection through reference-based pricing, saving employers 15-30% on average compared to the national carriers. With more than 17 years’ experience, and 25-million-months of member data, Imagine360 offers care coordination and medical management to proactively guide members through the complexities of healthcare. We bring employers a reimagined health plan solution, created to provide the flexibility, service and support employers need to take good care of employees, their families and business. We do this through: - Assistance with plan design and expert administration with integrated third-party administration - Built-in price protection from the #1 reference-based pricing solution in healthcare - Provider contracts with Imagine Health’s top-rated providers and health systems - Comprehensive member support throughout their healthcare journey It’s more than a health plan. It’s our promise to deliver a better health plan experience. Learn more at https://www.imagine360 today!
- Website
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https://www.imagine360.com
External link for Imagine360
- Industry
- Insurance
- Company size
- 1,001-5,000 employees
- Headquarters
- Wayne, Pennsylvania
- Type
- Privately Held
- Founded
- 2003
- Specialties
- Plan Design, Direct Contracting, Claims Auditing, Designated Decision Making, Member Advocacy and Defense, Analytics, Self-Insurance, and Healthcare Cost Containment
Locations
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Primary
Get directions
1550 Liberty Ridge Drive
Suite 330
Wayne, Pennsylvania 19087, US
Employees at Imagine360
Updates
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“I talk to a lot of employers, hundreds to thousands, that don’t ever see their claim information.” At this year’s HLTH Inc. Conference, Imagine360 President and CEO Jeff Bak spotlighted a critical issue: lack of transparency in healthcare. When employers don’t have access to claims data, they lose the ability to make informed decisions, contain costs, and advocate for their employees. Jeff shared why educating the right stakeholders can change the trajectory of a health plan and how transparency is the first step. 📽️ Watch the full clip to hear Jeff’s insights:
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📈 Healthcare costs keep climbing — faster than wages, inflation, and logic. Employers are paying more than ever for less value. On December 4, join two trailblazers leading the movement to fix that: Dave Chase, Co-Founder & CEO of Health Rosetta, and Jeff Bak, CEO at Imagine360. They’ll explore bold, proven strategies that are helping employers reclaim control, reduce costs, and deliver better care. 👉 Don’t miss this conversation redefining what’s possible in employer healthcare. Register now! - https://lnkd.in/g3xASQKK With Dave Chase is Relocalizing Health & Rebeccah Randles
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Pharmacy costs continue to surge, leaving employers feeling overwhelmed and confused on how to rein in expenses. We partnered with Employee Benefit News to ask benefits leaders how they are managing pharmacy benefits and costs. The results are troubling: 💡 24% strongly agree they understand how prescriptions are paid for 💲 24% strongly agree they understand how prescriptions are paid for 🔎 19% say medication costs are fully transparent within their benefits structure With pharmacy spend as one of the biggest cost drivers in healthcare, it’s important for employers to consider a new pharmacy strategy that offers significant cost savings. Check out other findings from the study here: https://lnkd.in/gtvvzJFP
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Healthcare is one of the largest expenses for employers. So how can they take control? At this year’s HLTH Inc. Conference, Imagine360 President and CEO Jeff Bak shared how employers can deliver a better healthcare experience by working with Imagine360: 📊 Analyze historical spend to uncover savings opportunities 🤝 Engage members when and where they need support 💊 Reduce pharmacy costs for both employers and employees ✅ Guarantee healthcare savings for employers Watch Jeff’s remarks from HLTH to learn how Imagine360 is changing the game for self-funded employers.
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Find out how forward-thinking companies and brokers use alternative health plans for more control over spending – without shifting costs to employees. Read the report here: https://lnkd.in/gvDsa8CS
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While traditional health plans often put convenience ahead of affordability, this model isn’t sustainable—especially as the Business Group on Health predicts a 9% rise in healthcare costs. At HLTH USA, Jeff Bak talked with MedCity News | The Latest in Healthcare Innovation's Marissa Plescia to discuss how Imagine360 empowers employers to control costs, even in the face of double-digit increases, while maintaining access to high-quality care.