CareConnect, the first provider-owned commercial health plan in New York, will offer lower prices and gives the healthcare provider "serious control" over quality and care coordination, says an NS-LIJHS executive.
North Shore-LIJ Health System has been granted a license by New York to launch the first provider-owned commercial health insurance plan on the state's health insurance exchange.
When enrollment begins on Oct. 1, members of the new North Shore-LIJ CareConnect, will have several plans to choose from. When the plan takes effect on Jan. 1, 2014, members will have access to one of the state's largest integrated healthcare systems, which includes 15 hospitals and ambulatory services at more than 400 physician and ambulatory practices in Long Island, Queens, Staten Island and Manhattan.
"As the first provider-owned health plan in New York, North Shore-LIJ CareConnect will be able to deliver a simple, total solution for individuals, families and businesses looking to access both high-quality medical care as well as more-affordable insurance coverage," North Shore-LIJ President/CEO Michael J. Dowling said in a media release.
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"During an era when healthcare is becoming increasingly confusing, we're simplifying the process and transforming the way we connect with and serve our customers. In addition, taking risk for a population in this manner will significantly add to our capabilities to work productively and creatively with other third party insurance company partners."
Howard B. Gold, North Shore-LIJ's executive vice president of managed care and business development, told HealthLeaders Media that ConnectCare hopes to enroll between 10,000 and 15,000 lives in its first year of operation and offer a line of plans that are significantly less expensive than those of their competitors.