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We help higher education institutions and secondary schools save money on their employee health insurance costs, facilitate collaboration between Human Resources and Finance, and uncover innovative opportunities to improve health and value so colleges, universities, and secondary schools can focus on their mission of educating students.
Guiding Principles
edHEALTH is the proven employee healthcare solution for higher education and secondary schools. Our guiding principles include:
Innovation
edHEALTH is the innovative healthcare solution for higher education institutions and secondary schools along with their faculty, staff, and family members. Our self-insured healthcare offerings are tailored to meet the needs of our members. Through data analysis and decision support, we help educational institutions select programs that meet their needs while containing rising healthcare costs.
Transparency
edHEALTH is the innovative healthcare solution for higher education institutions and secondary schools, along with their faculty, staff, and family members. Our self-insured healthcare offerings are tailored to meet the needs of member-owners. Through data analysis and decision support, we help educational institutions select programs that meet their needs while containing rising healthcare costs.
Ownership
edHEALTH is a member-owned consortium run by and for its educational institutions. Member-owners share in the savings generated by the group. Member-owners control and have a meaningful say in the decision-making process. Member-owners enjoy direct access to plan administrators and multiple forums for sharing and learning from one another. Collaboration is a key benefit of belonging to edHEALTH.
Savings
edHEALTH's member-owner approach works. Our schools have realized approximately $220 million in savings since inception. Through our purchasing clout, we consistently negotiate lower costs with less volatility than schools can realize on their own. Employee satisfaction, high quality of care, and savings schools can pass along are all edHEALTH member-owner benefits.
In the mid-2000s, healthcare costs started to escalate at unsustainable rates, far outpacing wages and inflation. Colleges and universities were concerned about the impact faculty and staff healthcare costs were having on their core mission of providing quality education to students. In late 2008, The Boston Consortium, which fosters collaboration between higher education institutions, began to explore ways to slow rapidly increasing health insurance costs. The group expanded to include chief financial and chief Human Resource officers from a number of area institutions and determined that in order to take control of healthcare costs, they needed to:
Looking Toward the Future
edHEALTH is poised for growth. Our healthcare rates are beating the rising healthcare cost curve with a 10-year average increase of 3.7% compared with the industry average of 7.9%.
We’ve added some innovative clinical intervention programs to improve quality and control rising claims costs. Through our data vendor, we are gaining insights into our claims pain points, which enables us to develop proactive strategies. It’s been just under 20 years since conversations began on how to control rising healthcare costs. We appreciate your interest in the resulting edHEALTH solution.
You can learn about the group captive edRISK, which includes edHEALTH, edLIABILITY, and edPROPERTY, by visiting edrisk.org.