Six Ways to Lower Rising Health Costs for Companies
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Our rewards program offers cash incentives to members who choose high quality, cost-effective care. This proven approach improves health outcomes while driving down costs for both your plan and members.
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Procedure:
Tonsillectomy
Without Rewards
With Rewards
Reward:
$0
$475
Member choice:
High-Cost Provider
Low-Cost Provider
Cost:
$6,000
$3,000
Plan Expense:
$6,000
$3,475
Medefy's Smart Incentives program offers rewards as a strategic approach to guiding your employees towards smarter, value-driven care. It's not just an incentive program. It's your pathway to substantial healthcare savings.
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We make it easy to implement the program in three simple steps.
Promote: We’ll create and execute a marketing strategy to ensure engagement.
Fulfill: We’ll handle verification and rewards for qualifying members.
Promote: Celebrate savings for your plan and members.
We do more than just offer healthcare perks—we deliver measurable ROI. Here's how:
Case Study:
Gateway First Bank
1,200+ Employees
120 Locations
42 States
Robust Benefits Plan
We designed a Rewards Program structure that would drive value based on Gateway First Bank's unique health plan. This included a meaningful cash incentive for lower priced surgeries and labs, and a more substantial cash incentive for higher-priced care.
The Result:
74%
Overall Adoption Rate
$700k+
Approximate Savings with Redirected Care
9x ROI
After Implementing the Rewards Program
View
Gateway First Bank
Study
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