HCSC Offers Simplified Health Care Coverage Option

Single Monthly Statement, No Deductible or Coinsurance

CHICAGO, Sept. 3, 2024 /PRNewswire/ -- Health Care Service Corporation is now offering an alternative health plan that streamlines the member experience and encourages people to choose providers who have demonstrated high-quality, cost-effective health outcomes.

Under the model, members select a provider and are informed upfront what out-of-pocket costs to expect. They pay the lowest amount for selecting providers with the highest rankings based on HCSC's key care metrics that assess quality of care, medical appropriateness, and cost efficiency.

At the time of service, the member pays nothing. Instead, they receive one bill at the end of each month.

"As we continue to reimagine the health care experience, we are now able to offer customers a plan design that rethinks the member experience and leverages our exclusive data to help encourage high-quality outcomes," said Kevin Cassidy, President of HCSC National Accounts. "By adding an alternative health plan to our portfolio, we continue to meet the diverse and evolving needs of our self-funded customers."

Employers can select a 0% financing option, which can help their employees spread out their health care costs over time.

The alternative health plan is now an option available to HCSC's large self-funded group customers, with member access beginning Dec. 1, 2024.

About Health Care Service Corporation

Health Care Service Corporation serves more than 23 million people across the United States through its portfolio of health benefit solutions. HCSC provides health coverage options for employers large and small, individuals and families, and Medicare and Medicaid plans. HCSC also offers related health care products and services such as pharmacy solutions, life and dental insurance, and health data technology.

View original content to download multimedia:https://www.prnewswire.com/news-releases/hcsc-offers-simplified-health-care-coverage-option-302236864.html

SOURCE Health Care Service Corporation

First published on Wed, Sep 4, 2024

Liked what you read? That’s only the tip of the tech iceberg!

Explore our vast collection of tech articles including introductory guides, product reviews, trends and more, stay up to date with the latest news, relish thought-provoking interviews and the hottest AI blogs, and tickle your funny bone with hilarious tech memes!

Plus, get access to branded insights from industry-leading global brands through informative white papers, engaging case studies, in-depth reports, enlightening videos and exciting events and webinars.

Dive into TechDogs' treasure trove today and Know Your World of technology like never before!

Disclaimer - Reference to any specific product, software or entity does not constitute an endorsement or recommendation by TechDogs nor should any data or content published be relied upon. The views expressed by TechDogs' members and guests are their own and their appearance on our site does not imply an endorsement of them or any entity they represent. Views and opinions expressed by TechDogs' Authors are those of the Authors and do not necessarily reflect the view of TechDogs or any of its officials. While we aim to provide valuable and helpful information, some content on TechDogs' site may not have been thoroughly reviewed for every detail or aspect. We encourage users to verify any information independently where necessary.

Tags:

Health Care Health Insurance Health Plan Healthcare Costs HCSC Health Care Service Corporation

Join The Discussion

- Promoted By TechDogs -

Health Care Technology