Key Highlights
- Independent analysis reveals Imagine360 reduces healthcare costs by 19.8% compared to commercial health plans.
- Study shows improved stop loss insurance performance and additional cost-saving opportunities.
- Imagine360’s unique payment model includes preferred provider contracting and price protection.
- High member satisfaction with 98% satisfaction scores.
- Significant savings for self-funded employers, enabling reinvestment in employees.
Source: Business Wire
Notable Quotes
- “The Axene Health Partners report affirms Imagine360’s unique ability to address one of the most urgent challenges in the United States today: healthcare affordability for American families and the self-funded employers that cover their healthcare costs.” — Chris Cigarran, Chief Commercial Officer at Imagine360
- “After a lengthy analysis, including a comprehensive healthcare claim matching process, we can definitively say that Imagine360 reduces healthcare costs.” — David V. Axene, Managing Partner at Axene Health Partners
SoHC's Take
The findings from Axene Health Partners underscore the significant potential of Imagine360’s innovative approach to healthcare cost management. By reducing costs by 19.8% compared to traditional commercial health plans, Imagine360 provides a viable solution to the escalating healthcare expenses faced by self-funded employers. The dual benefit of improved stop loss insurance performance further enhances its value proposition, making it a compelling choice for organizations seeking to optimize their healthcare spend. With high member satisfaction scores and a transparent payment model, Imagine360 not only addresses financial concerns but also improves the overall healthcare experience for employees. This positions Imagine360 as a forward-thinking leader in the healthcare industry, capable of driving meaningful change in cost management and employee welfare.
