UnitedHealthcare’s uBundle Helps Employers Save on Medical Premiums When Adding Specialty Benefit Plans
December 04 2018 - 9:30AM
Business Wire
- uBundle™ enables employers to save
up to 4 percent on medical premiums when combining a
UnitedHealthcare medical plan with specialty benefits such as
vision, dental, life, disability or supplemental health
products
- Employers benefit from a simplified
administrative experience while providing employees a more
competitive benefits package
- Program enhances the value of
Bridge2Health®, an integrated approach to health benefits that uses
data to implement clinical interventions and monitor care
effectiveness
UnitedHealthcare has introduced uBundle, a new benefits savings
program that enables employers across the country to save up to 4
percent* on medical premiums when combining a UnitedHealthcare
medical plan with specialty benefits such as dental, vision, life,
disability or supplemental health coverage.
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UnitedHealthcare’s uBundle benefits
savings program helps employers provide their employees a more
competitive benefit package, while promoting a whole-person
approach to health that may help improve health outcomes, drive
productivity and reduce costs (Source: UnitedHealthcare).
Eligible employers with UnitedHealthcare medical benefits can
reduce their medical premiums by adding various specialty plans,
also known as ancillary coverage, including:
- Dental: 2 percent savings;
- Vision: 0.5 percent
savings;
- Life and Supplemental Life: 0.5
percent savings;
- Supplemental Health (accident,
critical illness or hospital indemnity): 0.5 percent
savings; and
- Disability: 0.25 to 0.5 percent
savings.
The program can translate to significant savings for employers.
For an employer with 500 employees and a traditional health plan,
the first-year savings can reach nearly $200,000**.
“UnitedHealthcare’s whole-person approach to health is making a
meaningful difference for the more than 32 million Americans we
serve with specialty benefits, with uBundle adding cost savings and
a simplified administrative process for employers,” said Tom
Wiffler, CEO, UnitedHealthcare Specialty Benefits. “More than 80
percent of employees say having specialty benefit plans is
important to them, so uBundle makes it easier and more
cost-effective for employers to offer this type of coverage.”
uBundle helps employers provide their employees with a more
competitive benefit package, while promoting a whole-person
approach to health and well-being. Employers benefit from a
simplified administrative experience, including one dedicated
account team across their benefit plans, a single eligibility and
implementation process, and one self-service website.
Employees with both UnitedHealthcare medical benefits and
specialty plans can benefit from Bridge2Health®, an integrated
health benefits program that uses data to enable clinical
interventions and monitor care effectiveness, helping stay ahead of
health events and connecting the dots to better health.
Companies that combine medical coverage with specialty benefits
through a single health care company can help improve health
outcomes, drive productivity and reduce costs. For instance, the
program helped produce medical savings of more than $1,450 per
referral following a disability claim.1
To learn more about the value of integrating medical and
ancillary benefits, click here.
uBundle is available to employers with 51 or more employees
across the country enrolled in fully insured medical plans***.
About UnitedHealthcare
UnitedHealthcare is dedicated to helping people live healthier
lives and making the health system work better for everyone by
simplifying the health care experience, meeting consumer health and
wellness needs, and sustaining trusted relationships with care
providers. In the United States, UnitedHealthcare offers the full
spectrum of health benefit programs for individuals, employers, and
Medicare and Medicaid beneficiaries, and contracts directly with
more than 1.2 million physicians and care professionals, and 6,500
hospitals and other care facilities nationwide. The company also
provides health benefits and delivers care to people through owned
and operated health care facilities in South America.
UnitedHealthcare is one of the businesses of UnitedHealth Group
(NYSE: UNH), a diversified health care company. For more
information, visit UnitedHealthcare at www.uhc.com or
follow @UHC on Twitter.
*Savings apply only to first-year medical premiums for employers
with 51-100 employees; savings are perpetual for employers with 101
to 2,999 employees, as long as the benefits remain in-force.
**For illustrative purposes only; savings will differ depending
on the group size, plans chosen and premiums.
***The program is available in all states except Alaska, Hawaii,
Montana, New Mexico, Rhode Island and Vermont; in California and
Colorado, it is available only to employers with 100 or more
employees.
1 2017 Optum Bridge2Health Disability Internal Report.
Bridge2Health is included for employers who purchase a fully
insured UnitedHealthcare health plan and one or more of the
following UnitedHealthcare plans: Dental (groups 101+), Vision
(groups 101+), Disability (groups 2+), Critical Illness Protection
(groups 51+), Accident Protection (groups 51+), Hospital Indemnity
Protection (groups 51+). Employers who purchase a UnitedHealthcare
ASO health plan may be eligible for Bridge2Health, subject to
review of medical care and behavioral management services. For
additional details, contact your broker or UnitedHealthcare
representative. Minimum participation requirements may apply for
bundling programs. Bundling programs are not available for all
group sizes. Please consult your broker or UnitedHealthcare
representative for more details.
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Will ShanleyUnitedHealthcare(714)
204-8005will.shanley@uhc.com
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