Praxis works with a client’s
HR department or benefits management team to create custom
programs to maximize cost value in health care benefits.
We base our cost value strategies on local rather than
centralized health plan management solutions. Our approach
is consumer oriented, targeting outcomes-based metrics
that weigh quality of care with cost. We aim to improve,
not limit, the range of choice in health plans and it’s
providers.
Population-Based Approach
Our cost mitigation process is based upon a Population-Based
methodology. This approach takes the unique health
care profile of each company employee, feeds this profile
into a matrix, and quantifies an overall blueprint of
your company's current and projected health care benefits
needs. This data is used as a guide for targeted approaches
to maximizing cost value through:
Strategies and support services which partner providers
with plan administrators.
Integrating the quality of care at the local institutional
point of service level.
Providing management support for employers and employee
to make better-qualified choices for health benefits
procurement.
Decision support, from proprietary cutting-edge
analytical technology and support services.
Once implemented, our solution platform yields a 10-30%
savings over conventional approaches to health care benefit
plans. Although results vary, we are so confident in our
approach that we offer a guarantee
of savings resulting from our cost containment initiatives.
