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Stop-loss carrier's employees to use Oklahoma City-based wellness, cost-containment program

New York-based IHC Risk Solutions Inc. adopts patented, Internet-based product of MedEncentive LLC of Oklahoma City.
by Paula Burkes Modified: November 26, 2013 at 7:57 pm •  Published: November 27, 2013
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— IHC Risk Solutions Inc. — one of the country's top 10 reinsurers — announced Tuesday that it will offer its employees the patented, Internet-based wellness and cost containment program of Oklahoma City-based MedEncentive LLC.

Employees who use the MedEncentive product, which educates them and tests them on their health, will get a portion of their co-pays waived, while participating doctors, who are rated by patients based on their adherence to recommended care, will be compensated an additional $15 per office visit.

For the past two years, IHC has offered discounts on medical stop-loss insurance to self-funded employers that adopt MedEncentive, IHC President Michael Kemp said.

“We've been impressed by MedEncentive's continuing commitment to controlling health care costs … and now will be able to experience the program for ourselves and work with MedEncentive to test enhancements for other employers,” Kemp said.

An eight-year-old startup, MedEncentive recently received its breakthrough with a $3.8 million, three-year study that will begin Jan. 1 and involve 15,000 active Oklahoma state employees and their families on the HealthChoice insurance plan. If the product pays for itself, state administrators say MedEncentive will be offered to the entire 125,000 active employees on the plan, the most popular among state workers.

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by Paula Burkes
Reporter
A 1981 journalism graduate of Oklahoma State University, Paula Burkes has more than 30 years experience writing and editing award-winning material for newspapers and healthcare, educational and telecommunications institutions in Tulsa, Oklahoma...
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