Bypassing Traditional Insurance Model, Boeing To Partner With Health System For Employee Benefits
MemorialCare Health System said Chicago-based Boeing selected it from a group of bidders for the five-year contract in Southern California, where the company has about 37,000 employees and dependents.
Orange County Register:
O.C. Care Provider, Boeing To Partner
Boeing Co. and MemorialCare Health System have struck a direct contract to provide medical care to Southern California employees, the first such cost-saving alliance in California between a large employer and a health provider, the companies announced Tuesday. Unlike traditional health plans offered by insurance companies, through which MemorialCare might be one of many covered providers, the five-year contract calls for Memorial to reduce costs for Boeing, while gaining direct access to clinical data to better customize and coordinate employees’ health needs. The plan will be offered to roughly 15,000 employees during open enrollment in the fall, with coverage to start in 2017. (Perkes, 6/21)
Long Beach Post:
Boeing Chooses Long Beach-based MemorialCare Health System for Partnership on Customized Health Plan
MemorialCare was selected after a rigorous search process for a partner on the first-of-its-kind Boeing customized health plan option in California, chosen to serve Boeing’s approximately 15,000 employees and 22,000 dependents in California. MemorialCare will serve almost all of Boeing’s employees and dependents in the Long Beach, South Bay and Orange County communities, according to a release issued by MemorialCare. (Smith, 6/21)
California Healthline:
Boeing Contracts Directly With California Health System For Employee Benefits
“More employers are interested in moving in this direction,” said Barry Arbuckle, chief executive of the MemorialCare Health System, based in Fountain Valley, California. “It reflects the desire of these employers to participate in bending the cost curve for health care, and it allows the provider to have a more unfettered relationship with the employer and employees.” The new health plan will be offered to Boeing workers in Southern California during open enrollment this fall alongside some existing options, including a Kaiser Permanente HMO. Coverage starts Jan. 1. (Terhune, 6/21)