Oxford Combination Plans: A Healthy Choice for NY Key Account Employers

In the dynamic landscape of employee benefits, businesses are constantly seeking comprehensive solutions that prioritize both the health and financial well-being of their workforce. Enter Oxford combination plans, a tailored offering designed to meet the diverse needs of New York key account employers, beginning May 1, 2024. These plans promise not only enhanced health care value but also a seamless experience for employers and employees alike.

At the heart of Oxford combination plans is a commitment to delivering superior group benefit solutions informed by robust data and insights. These plans are meticulously crafted to lower the total cost of care, improve care quality, promote health and wellness, and streamline the health care journey for all involved parties.

So, what exactly does the Oxford Combo entail for New York fully insured employers with 100-300 employees? It’s a curated selection of options that puts the power of choice in the hands of employers:

• Provider Network: Choose from the Oxford Freedom, Liberty, or Metro network, providing flexibility based on geographical and provider preferences.
• Medical Plan Design: Select from 16 pre-selected fully insured medical plan designs, including PPO, EPO, and HSA options, catering to diverse employee needs.
• Pharmacy Plan: Pick a pharmacy plan from the list, ensuring comprehensive coverage for prescription medications.

But the benefits don't stop there. Employees enrolled in Oxford combination plans stand to gain substantially:

• Comprehensive Coverage: Access to a full suite of medical, pharmacy, behavioral, and specialty benefits, simplifying their health care needs.
• Incentive Programs: Opportunities to earn rewards through the UnitedHealthcare Rewards Premium program by engaging in healthy behaviors.
• Financial Assistance: Receive a Care Cash® preloaded debit card for eligible provider care and UnitedHealthcare Ally benefits for support during health crises.

For employers, the advantages are equally compelling:

• Robust Benefits Package: Offer a comprehensive employee benefits package from a trusted industry leader, enhancing employee satisfaction and retention.
• Performance Funding: Benefit from premium credits if the group plan's total medical expenses are lower than expected, mitigating financial risks.
• Cost Savings: Enjoy potential savings of up to 2% on first-year medical premiums by adding specialty benefits, optimizing budget allocation.

In essence, Oxford combination plans empower employers to make informed decisions while providing flexibility, savings, and enhanced benefits for employees. With a simplified purchasing process and ample opportunities for customization, these plans serve as a testament to Oxford's commitment to delivering value-driven solutions.

For New York key account employers seeking a holistic approach to employee benefits, Oxford combination plans present a compelling proposition. By prioritizing health, wellness, and financial security, these plans pave the way for a brighter, healthier future for both employers and employees alike.

For more information or to explore customized options, employers are encouraged to reach out to us at (212) 365-4553.