The healthcare industry has become increasingly expensive. It’s difficult to navigate and can be hard to access. Patients are frustrated.
Pricing transparency regulations were supposed to help relieve this frustration. Hospital and carrier machine readable files are a positive step, but shifting the U.S. healthcare status quo takes so much more. Even at full medical price transparency compliance, which is far from a reality, the data needed to evaluate networks, understand true costs and design better health plans remains fragmented and disconnected. You need technology to put it all together.
Handl Health is solving this disconnect and revolutionizing employer-sponsored insurance. We’re bringing end-to-end benefits design and monitoring capabilities to the health insurance ecosystem of brokers, third-party administrators and carriers. Our focus on these companies is by design: They carry the responsibility of making healthcare affordable and accessible for working people and their families.
Historically, building healthcare plans has been an onerous task. These companies have designed plans despite fragmented or outdated data, manual processes and plans that treat every population the same. And they’ve done it with a complete lack of healthcare price transparency.
The Handl platform makes it possible for every employer to offer affordable, personalized healthcare designed around the unique needs of their people. We’re helping build healthcare that delivers the right care at the right time and at a price working families can afford.
Why focus on employer-funded health plans? One number: $233 billion. That’s what employers pay, each year, for healthcare. Yet most of them rely on rigid, off-the-shelf plans that don’t account for the unique demographics, cost drivers or care needs of their workforce. This creates tons of waste. Employees end up paying more for lower-quality care.
That’s why we give carriers, brokers and third party administrators not only robust data to understand what healthcare really costs but the ability to do something about it. Data is useless without the infrastructure, an execution layer, to create something new. Customers use our platform to design and deploy plans that improve outcomes and reduce waste, then constantly monitor plans to prove these new plans are reducing costs and improving patient care.
Designing new plans once took months or even years of actuarial analysis, manual workflows and tech-stack overhauls. The Handl platform significantly reduces time to market, enabling plans to be implemented in as little as four months compared to the traditional 12 to 18 months. With robust data covering all 50 states, the Handl Health platform can model multiple scenarios, customize assumptions and continuously monitor performance once plans are live, ensuring decisions are informed by real-world data rather than static reports.
Handl is devoted to technological innovation with a purpose. As companies across every industry rush to implement AI into their processes, Handl has been using AI tools since its founding. The company has expanded past its initial sole focus as an AI platform that aggregates and analyzes publicly available healthcare pricing data. AI at Handl is now about reshaping the consumer experience, making it easier for patients to find and compare healthcare providers while saving time and money.
Understanding what care actually costs and how it varies is at the core of what we do. This pricing intelligence informs how carriers, TPAs and brokers design healthcare plans on the Handl platform. From there, the other layers of the platform – design and activation, quality-of-care measurement, care steerage, vendor integration and continuous plan performance monitoring – bring everyone closer to healthcare that’s not only affordable but genuinely better.
Access to the care you need at an affordable price should be a universal right. Workers and their families deserve personalized healthcare that drives down costs while improving care. That’s why Handl Health exists: helping optimize employer plans to provide the highest quality care at the most efficient cost.
Handl’s holistic infrastructure platform empowers users to design, deploy and monitor alternative health plans. Schedule a demo to see how we can help you design better plans and flatten the healthcare cost curve.
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