For more stories like this, sign up for the PLANSPONSOR NEWSDash daily newsletter.
Maestro Rolls Out Modernized Self-Funded Insurance Solution
Maestro Health has introduced a modernized approach to the way self-funded insurance has traditionally been offered.
The self-funded solution for employers and brokers seeking to lower costs while utilizing modern, innovative benefits shopping and enrollment tools features Integra Employer Health, a Charlotte, North Carolina-based third-party administrator (TPA), which was acquired by Maestro Health in 2014.
Maestro Health created maestroEDGE to simplify and personalize how people shop, enroll and live with their benefits. The platform utilizes the key components of employee health and benefits to drive greater cost savings, improve decision-making and care, and increase consumer engagement. The platform’s technology is flexible and modular, allowing clients to go “all-in or à la carte,” with the ability to choose individual components of maestroEDGE without having to implement the entire platform.
The solution modernizes traditional self-funded insurance with the following core features:
- Modernized Consumer Account Platform: complete FSA, HSA, and HRA capabilities, featuring advanced user experience processes and a high-touch service team with a wealth of experience in providing support for Fortune 100 consumer account programs, as well as multilingual call centers and live online chat;
- In-house care management: a comprehensive, owned and operated care management solution with a staff of registered nurses, advanced technology and mobile app integration with enhanced UI/UX, and technology to provide more timely treatment of employees in need, including Autotrigger, a system that automatically reviews claims data to flag at-risk members; and Wellcheck, automated preventative care compliance.
- Analytics: powered by mBRAIN, the data analytics engine that leverages data from multiple sources to personalize plan recommendations for employees and drive deeper insights for employers, creating a smarter, optimized employee health and benefits experience;
- Benefits Administration and Compliance: cloud-based onboarding and offboarding along with certified ACA compliance reporting capabilities;
- Improved employer experience: (me)DASHBOARD: a mobile-friendly, easy-to-use, customizable portal allows employers to easily track and manage enrollment, participation, claims, and costs, heightening control of their benefits strategy; and
- Improved employee experience: a personalized online enrollment experience puts care at the fingertips of each employee with access to education, nurse coaches, claims, and coverage information whenever and wherever it is needed.
More information is at Maestro Health’s website.