Direct healthcare company Nomi Health and ClearPoint Health, the South Carolina-based employee benefits platform, have partnered to empower small and mid-sized employers across the US to take control of their health insurance costs.
ClearPoint develops and scales clinically-integrated captives, incorporating clinical providers in the sponsorship of medical stop loss captives offering level-funded and self-funded products.
Its clinically integrated product, CliniCaptive, is built for provider organisations to offer more affordable and transparent insurance options to their local employers, according to ClearPoint.
Through the CliniCaptive product, Nomi will feature its end-to-end platform of services, including its network of provider partners, pharmacy solutions, provider-centric revenue cycle management, member navigation services, and its robust reporting and analytics suite.
Both companies say they have a shared mission to lower healthcare costs by cutting unnecessary complexity within the healthcare system.
A growing number of employers in the US are turning to self-funded models to have more control over healthcare costs.
Mark Newman, CEO and co-founder of Nomi Health, comments: “Together with ClearPoint Health, we’re simplifying how healthcare is paid for and delivered, and we take pride in passing these savings onto small and mid-sized employers, so they can provide an affordable plan to their employees and families.”