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AmWINS Group Benefits Announces New Product to Help Control Rising Costs of Dialysis Claims
Dialysis Management Solutions™ can significantly reduce dialysis costs and ease the stop-loss renewal process
Dialysis Management Solutions™ can significantly reduce dialysis costs and ease the stop-loss renewal process
Warwick, RI – A new dialysis management product is now
available for brokers to offer their self-funded clients to help
save their customers money and ease the stop-loss renewal process.
AmWINS Group Benefits, a leading wholesale distributor of employee
benefits and professional services, today announced the launch of
Dialysis Management Solution™ (DMS). The program offers
multiple techniques and re-pricing options to help control costs
and meet employers’ most difficult dialysis claim situations.
Health insurance providers have increased their charges for dialysis claims by more than 65 percent over the last five years. Currently there are more than 27 million people with Chronic Kidney Disease nationwide, with over half a million with End Stage Renal Disease requiring dialysis or a kidney transplant to survive. More than 354,000 people receive dialysis treatments at least three times per week, and unmanaged dialysis claims can cost employers more than $50,000 a month for a single claimant.
Dialysis Management Solutions utilizes regional pricing data and a proprietary re-pricing methodology to adjust dialysis claims, reducing direct costs and, in turn allowing for more favorable stop-loss renewal terms. DMS clients are currently saving an average over 50 percent of billed charges. The product serves as a new solution for brokers with self-funded clients, as it gives them with more choices at stop-loss renewal time, whether it means reduced direct costs via lower premiums, or reduced soft costs via elimination or reduction of lasers.
“Dialysis Management Solutions uses one of the most sophisticated and accurate tools available for re-pricing – our savings stick,” said Samuel H. Fleet, president of AmWINS Group Benefits. “This program yields savings averaging more than 50 percent of billed charges. Our fees are based on a percentage of savings, so we don’t get paid unless the employer saves.”
AmWINS Group Benefits’ Dialysis Management Solutions is now available for any self-funded health insurance plan, whether a dialysis situation exists or not. All self-funded plans can benefit from implementing such a program as a proactive measure.
“It’s easy to implement, saves money and employees see no difference in care,” Fleet added. “Plus, DMS is a sure-fire solution that will allow brokers with self-funded clients to truly differentiate themselves from their competitors.”
For more information on Dialysis Management Solutions, visit dms.amwins.com or for
About AmWINS Group Benefits
AmWINS Group Benefits is a leading wholesale broker of comprehensive group insurance programs and administrative services. Working with benefit brokers and consultants, AmWINS Group Benefits designs, distributes and administers customized health benefit products and services for retired and active populations in private and public organizations. Its parent company, AmWINS Group, Inc. is the second largest insurance wholesalers in the United States. AmWINS Group Benefits is headquartered in Warwick, RI. More information about AmWINS Group Benefits is available at groupbenefits.amwins.com.
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Health insurance providers have increased their charges for dialysis claims by more than 65 percent over the last five years. Currently there are more than 27 million people with Chronic Kidney Disease nationwide, with over half a million with End Stage Renal Disease requiring dialysis or a kidney transplant to survive. More than 354,000 people receive dialysis treatments at least three times per week, and unmanaged dialysis claims can cost employers more than $50,000 a month for a single claimant.
Dialysis Management Solutions utilizes regional pricing data and a proprietary re-pricing methodology to adjust dialysis claims, reducing direct costs and, in turn allowing for more favorable stop-loss renewal terms. DMS clients are currently saving an average over 50 percent of billed charges. The product serves as a new solution for brokers with self-funded clients, as it gives them with more choices at stop-loss renewal time, whether it means reduced direct costs via lower premiums, or reduced soft costs via elimination or reduction of lasers.
“Dialysis Management Solutions uses one of the most sophisticated and accurate tools available for re-pricing – our savings stick,” said Samuel H. Fleet, president of AmWINS Group Benefits. “This program yields savings averaging more than 50 percent of billed charges. Our fees are based on a percentage of savings, so we don’t get paid unless the employer saves.”
AmWINS Group Benefits’ Dialysis Management Solutions is now available for any self-funded health insurance plan, whether a dialysis situation exists or not. All self-funded plans can benefit from implementing such a program as a proactive measure.
“It’s easy to implement, saves money and employees see no difference in care,” Fleet added. “Plus, DMS is a sure-fire solution that will allow brokers with self-funded clients to truly differentiate themselves from their competitors.”
For more information on Dialysis Management Solutions, visit dms.amwins.com or for
About AmWINS Group Benefits
AmWINS Group Benefits is a leading wholesale broker of comprehensive group insurance programs and administrative services. Working with benefit brokers and consultants, AmWINS Group Benefits designs, distributes and administers customized health benefit products and services for retired and active populations in private and public organizations. Its parent company, AmWINS Group, Inc. is the second largest insurance wholesalers in the United States. AmWINS Group Benefits is headquartered in Warwick, RI. More information about AmWINS Group Benefits is available at groupbenefits.amwins.com.
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