Together. Reaching the highest value.
The mutualized and trusteed approach of Strategys Mutual allows the establishment of an independent and autonomous plan. This approach enables the combination of financial and professional resources that allow employees of small enterprises to access expanded leading edge services that a traditional plan is unable to provide. All financial surpluses are reinvested in the health and wellness of employees because a Strategys mutualized and trusted plan does not include a profit factor. The employees are the only beneficiaries.For the past fifteen years, group insurance plans have experienced 131% inflation. This is why the Strategys mission is the financial stabilization of group plans by pooling the resources of all member groups, allowing the integration of superior health management services for employees.
The Strategys Financial Protection Plan
Elimination of inflation
Eliminates the catastrophic and unpredictable increases in health insurance premiums (20%, 30% or 40%) caused by high claimants exceeding the financial threshold of the traditional plan;
The financial threshold of a Strategys plan is $0;
The real cost of high claimants is spread over all of the members of the Strategys economic community;
The risk sharing is based on the indexation of the real costs and not on the inflation of premiums determined by unrealized risk factors.
The pharmacoeconomic management of claims:
Education and accountability of employees;
Management of claims and the transparency of utilisation costs;
Control of drug “Evergreening”;
Systematic supervision of exception drugs.
Financial stabilisation of the group plan;
From now on, simplified annual renewals place a value on services as well as health management targets rather than on the rates;
The health rates never change with Strategys. Only a marginal and shared indexation factor is adjusted annually.