Meet Virtue Health, a private group insurance purchasing consortium that allows employers to share risk, lower volatility, and improve benefits – with ease.
A health care group purchasing consortium is a private health insurance pool with like-minded employers that participate together to control and reduce the cost of their medical spend.
A health care group purchasing consortium is a private health insurance pool with like-minded employers that participate together to control and reduce the cost of their medical spend.
While size does matter, the outcomes of the program matter more.
The Virtue Health Consortium provides small & middle-market employers a predictable long-term risk financing strategy for stop-loss insurance.
No New Lasers, w Rate Caps
Ave. SL Increase <5%
Banded Renewals
A.I. Underwriting
Independent TPA’s Only
Fiduciary PBM’s Only
RX Overlay
Contract Language
No Misaligned Partners
Risk Management Requirements
Elite Advisers
No Collateral or Cash Calls
Competitive Terms
A Rated Paper
Choice of TPA/PBM
Multiple Network Options
Enter & Renew Any Month
20,000+ Members
100+ Employers
38 States
The Virtue Health Consortium provides small & middle-market employers a predictable long-term risk financing strategy for stop-loss insurance.
No New Lasers, w Rate Caps
Ave. SL Increase <5%
Banded Renewals
A.I. Underwriting
Independent TPA’s Only
Fiduciary PBM’s Only
RX Overlay
Contract Language
No Misaligned Partners
Risk Management Requirements
Elite Advisers
No Collateral or Cash Calls
Competitive Terms
A Rated Paper
Choice of TPA/PBM
Mulitple Network Options
Enter & Renew Any Month
20,000+ Members
100+ Employers
38 States
Unlike “Public” group purchasing programs, Virtual Health sets Risk Management Requirements (RMS’s) to participate in the program. How can you control claims if you have misaligned administrators, PBM’s, and other vendors managing the program? We have created an easy three-step framework to lower costs.
To pay less for health insurance, you have to start paying less for healthcare services.
Join your peers who have found partners to align their interests with.
Small & mid-market employers gain a predictable long-term strategy for their health plan.
To pay less for health insurance, you have to start paying less for healthcare services.
Join your peers who have found partners to align their interests with.
Small & mid-market employers gain a predictable long-term strategy for their health plan.
This commercial door manufacture saved over $200k year one when totaling reduced premiums, unused claims refund and negotiated provider pricing.
The county has seen numerous benefits since switching, including better quality care and a dramatic reduction in costs. The biggest payoff, a $181,346 refund.
Under Virtue Health, the city of Corbin, Kentucky was not only able to reduce their municipality’s yearly health plan spend, they also received a surplus check at years end.
