Taming Health Care Alligators Since 1998
The South Texas Health Cooperative (STHC) in deep South Texas provides affordable health insurance to member school districts since 1998. Through careful risk management and a lot of hard work the STHC risk pool has achieved remarkable success.
Twenty six years ago a few small South Texas school districts banded together to solve health care. The results have been exceptional: Static rates (no rate increase in the past decade and a half), no reduction in benefits, broad coverage.
The STHC is a prime candidate for Ripley’s Believe If Or Not and the Guinness World Book of Records.
Surrounding districts haven’t been as fortunate. Their members go to the same hospitals and doctors as do members of the STHC. Yet their costs are double and their benefits are less.
How is that even possible? And why isn’t every school district adopting their model?
Those two questions are really very easy to answer but few will listen and those that do will take no action. Such is the reality of the pervasive cult mentality to which a cure is perceived as more painful than the pain of continuing status quo health plan strategies incorporating double digit rates increases every years and cost shifting to the backs of underpaid workers tasked with the most important job in our country – educating our children.
Business is about solving other people’s problems. Solving the high cost of healthcare giving employers a competitive advantage is ours.
Status quo convergent thinking solves problems through a very narrow lens. Divergent thinking empowers us to solve problems with a wide lens allowing us to see what others don’t. You can’t fix what you don’t see. You don’t know what you don’t know. We see opportunities others miss. We do what others don’t. Winning together is our goal.
RiskManagers.us is a specialty company in the benefits market that, while not an insurance company, works directly with health entities, medical providers, and businesses to identify and develop cost effective benefits packages, emphasizing transparency and fairness in direct reimbursement compensation methods.
The shared vision of RiskManagers.us and clients who retain our services is to establish and maintain a comprehensive employee health and welfare plan, identify cost areas that may be improved without cost shifting to any significant degree, and ensure a superior and sustained partnership with a claim administrator responsive to members needs on a level consistent with prudent business practices.
Plan costs, in all areas including fixed expenses and claims are open for review on a continuing basis. Cost effective plan administration and equitable benefit payment to providers are paramount to fulfilling our mutual fiduciary duties.
As we proactively monitor and manage an entire benefit program we are open to any suggestions members may make or the dynamic health benefit market may warrant in order to accomplish these goals. Duty of loyalty to our clients, transparency and accountability are essential to the foundation of our services. To that end, we expect our clients to realize a substantial savings based upon the services that we will deliver.
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