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Business and Product Insights
Auxiant offers several key product features. FocusHealth Purchasing Program empowers members with cost and quality information to promote value-based purchasing. They also provide UnionPlus+, a program designed to help union plans with complexities of health benefit and contribution tracking. Additionally, Auxiant has an Integrated Buy Down product which integrates with fully insured benefit plans to decrease premiums while limiting employee costs. AuxiantHealth also offers health plan information access to providers.
Product Portfolio
Auxiant Plan Sponsor Services
Auxiant Providers Services
Auxiant Brokers & Consultants Services
Auxiant Key Value Propositions
Auxiant provides customized and cost-effective self-funded health plan solutions, empowering employers and members with transparency and data-driven tools. They focus on offering flexible benefits administration and promoting value-based purchasing for improved health outcomes and cost management.
Auxiant Brand Positioning
Auxiant positions itself as an independent TPA offering customized and flexible self-funded health plan solutions, focusing on cost containment, transparency, and data-driven strategies, differentiating through superior technology and member engagement.
Top Competitors
UnitedHealth Group
Anthem, Inc.
Cigna
Customer Sentiments
Customer sentiment is likely positive due to Auxiant's focus on customized solutions and cost containment, which are highly valued by self-insured employers and brokers. However, limited brand awareness might hinder stronger positive sentiment compared to larger competitors.
Actionable Insights
Enhance brand awareness through targeted digital campaigns showcasing Auxiant's customization and cost-containment strengths within the self-funded health plan market.
Products and Features
Auxiant offers several key product features. FocusHealth Purchasing Program empowers members with cost and quality information to promote value-based purchasing. They also provide UnionPlus+, a program designed to help union plans with complexities of health benefit and contribution tracking. Additionally, Auxiant has an Integrated Buy Down product which integrates with fully insured benefit plans to decrease premiums while limiting employee costs. AuxiantHealth also offers health plan information access to providers.
Auxiant Plan Sponsor Services - Product Description
Based on the URL, Auxiant likely offers services for plan sponsors, potentially focusing on self-funded health plans. These services could include claims administration, benefit plan design, compliance support, and data analytics to help plan sponsors manage their healthcare costs effectively. Auxiant aims to provide solutions that give plan sponsors greater control and flexibility over their employee health benefits.
Pros
- Auxiant's services for plan sponsors likely emphasize cost control through self-funding, offering greater flexibility in plan design to meet specific employee needs
- Their solutions may also leverage data analytics to optimize plan performance and manage healthcare spending
- A key advantage could be their focus on personalized service and tailored solutions compared to larger, more standardized offerings.
Cons
- Without specific information about Auxiant's challenges, some potential cons for plan sponsors could include the complexity of navigating self-funded plans
- Self-funded plans often require more active management and understanding of healthcare costs
- The quality of customer support and the ease of using Auxiant's technology platform could also be potential drawbacks if they are not well-executed.
Alternatives
- Without specific details about Auxiant's offerings for plan sponsors and the broader market landscape, providing accurate alternatives is difficult
- Generally, alternatives could include other third-party administrators (TPAs) such as UnitedHealthcare, Cigna, or Aetna, which offer similar services
- Employers could also opt for fully insured plans offered directly by major insurance carriers, which bundle administrative services with insurance coverage.
Company Updates
Latest Events at Auxiant
Auxiant
About Us Careers Who We Serve News · Resources · Contact · Auxiant reduces ... They are the best healthcare company I have worked with. –Auxiant Member. See ...
View sourceImportant notice to Southern Ute Indian Tribal members – The ...
Dec 26, 2024 ... Auxiant will be the new TPA processing all medical claims ... provider may also call Auxiant at 800-475-2232. ClearScript will be ...
View sourceFor Providers - Auxiant
AuxiantHealth is an interactive application that provides access to health plan information. There you will find enrollment and claims information ...
View sourceSummary of Benefits and Coverage: What this Plan Covers & What ...
Jan 1, 2025 ... You can view the Glossary at www.Auxiant.com or call 1-800-475-2232 to request a copy. Important Questions. Answers. Why This Matters: What is ...
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