Business Proposal for Health Insurance Services - Term Paper Example

? BUSINESS PROPOSAL FOR HEALTH INSURANCE SERVICES ACCESS MORTAGE COMPANY 7/11 UnitedHealthCare [Type the Health Insurance Proposal Submitted to By UnitedHealthCare July 11, 2011 Contents Contents 3 Executive Summary 4 Introduction 5 History of the Company & Competitive Landscape 6 Products & Services Offered 7 The Expertise 7 Costs 8 Why we are better than our competitors 8 Schedule 9 Conclusion 9 Bibliography 10 Executive Summary Employee health is one of the significant areas of concern for any organization and each organization should put in place proper health insurance. The rising cost of health and well being also necessitate that individuals as well as organization should give due consideration to the cost effective insurance plans. UnitedHealthCare, being one of the leading health insurance services providers in the country can cater to the complex requirements of its customers. Our people and years of experience in the market have made us an organization of choice. Our extensive network with major health service providers ensures that our customers receive comprehensive health care services. Access Mortgage Company can definitely take benefit from our extensive range of products and services. Besides we are also willing to offer the additional services of psychological counseling as well as substantive abuse rehabilitation with minimum costs. At a total cost of $125 per employee per month, Access Mortgage Company can enjoy both of these benefits besides getting the regular services of our company. Introduction Caring and providing for healthcare of the employees is one of the best investments organizations do in order to ensure that employees remain healthy and motivated. Psychological counseling as well as rehabilitation of the employees are some of the steps which can ensure that the employees are provided the requisite level of support by the organization to remain productive and constructive not only for the organization but for the society as a whole. Psychological counseling as well as the providing help in rehabilitating the employees against substantive abuse is one of the key issues which an organization has to handle. Increasing pressure and stress level can really put a lot of pressure on the employees and can result into low productivity as well as irritating behavior. Offering professional help in such circumstances therefore can serve as one of the key steps towards ensuring the rehabilitation of the employee. United Health Group is one of the diversified health and well being company offering diversified range of services including insurance plans. United Health Group offers these services through its subsidiary with the name of UnitedHealthCare. UnitedHealthCare and Optium are two of the best services in the country offering advance level healthcare services including insurance plans to ensure that every American has access to quality healthcare. In order to achieve this aim, we also partner with different organizations to offer custom made insurance plans which can cater to the different needs of the organization. This proposal will present details about our Company and what kind of products and services it can offer you to comprehensively offer your employees the option of psychological counseling and substantive abuse rehabilitation. History of the Company & Competitive Landscape UnitedHealthCare is part of United Health Group Inc, one of the leading and diversified groups offering health and well being related services across US. Established in 1977, UnitedHealthCare has evolved over the period of time and is now offering insurance plans to individuals as well as small and middle sized employers. Managed by approximately, 30,000 employees, company have been able to develop market for itself and have served as a cost effective alternative for individuals and firms to afford quality healthcare. (Hoovers) The overall competitive landscape suggests that the rising cost of healthcare has made it almost mandatory for Americans to go for medical and health insurance. (Hoovers). These trends therefore have resulted into the widespread expansion in the market for insurance products. Different players have emerged in the market offering customized products to the individuals and firms which can exactly match the requirements of their customers. One of the key criteria to establish oneself in the market therefore is to develop cost effective contracting with the healthcare service providers in a bid to ensure that the end users can effectively get the required services at the cost which is affordable. UnitedHealthCare has been able to establish its contractual relationships with some of the best healthcare providers in the country. This alone ensures that our customers get high quality health care services at really affordable insurance cost. Products & Services Offered As a diversified group of business, UnitedHealthCare offers a diversified range of products and services which are tailored according to the exact requirements of our customers. The range of products and services offered are divided according to individuals, families and employers. As such each customer is offered a different product according to the category as well as the exact requirements of the customer. The main range of products offered by UnitedHealthCare to employers is the health benefit plans which include providing health care support to the employees of the organization. The overall coverage depends upon the range of services required by the organization. Apart from this, vision and dental care plans are also offered to the employers besides giving the option of opening Health Savings Accounts and Health Reimbursement accounts.1 UnitedHealthCare National Accounts offer customized solutions also to the customers with complex requirements and whose employees are based on multiple locations. The Expertise The mere fact that we are one of the giants in the industry speaks volumes about the ability of our personnel in offering excellent services to our customers. With 30,000 employees and a network of high quality health care services, our expertise are in almost every area and we can offer expert opinion and services which are tailored according to exact requirements of our customers. Our CEO and other senior staff engaged in product development process carry years of industry experience and therefore are highly ranked in the industry. Costs Our standard healthcare plan which includes standard healthcare services for each employee costs only $100 per month. However, the additional services such as psychological counseling as well as substantive abuse rehabilitation may cost an additional loading of $25 per employee. Why we are better than our competitors One of the key reasons as to why we are different from others is the fact that we are one of the oldest firms in this business. Over the period of time, we therefore have been able to develop an extensive network of healthcare service providers. Our business relationships with these healthcare services providers ensure that our customers get value for the services they obtain from us. It is also important to understand that we are low cost service providers and our group coverage services provide one of the most cost effective methods for insuring the employees and providing them state of the art facilities including psychological counseling as well as substantive abuse rehabilitation. Our employees are also our strength as we have trained and upgraded the skills of our employees to a level where they better understand the requirements our customers and offer them individual attention and care. Such approach allows us to not only become more efficient in offering our services but also help us to understand our customers better. Schedule This schedule includes an arbitrary list of services provided under the customized health plan offered to your company: 1. Standard Health Care Services including executive check-ups at approved health care service providers. 2. Additional Services of Psychological Counseling and Substantive Abuse Rehabilitation at approved providers of the company. 3. Every employee to undergo medical tests and fitness before policy could be issued. 4. There will be monthly premium of $125 per employee. Conclusion UnitedHealthCare is one of the leading insurance services providers in US offering a diversified range of standard and custom made health insurance plans to individuals as well as small and medium business. Due to our low cost and highly skilled employees, we will be able to offer your company a customized health insurance plan with Additional Services of Psychological Counseling and Substantive Abuse Rehabilitation at approved providers of the company at a nominal cost of $125 per employee per month. Bibliography Hoovers. United Healthcare Insurance Company. 2011. 11 July 2011 . —. United Healthcare Insurance Company- Competition. 2011. 11 July 2011 . Read More