Self-insured plans have a variety of geographic characteristics and demography-driven needs that will require custom advisory engagements so that the Nura Provider Network can reflect their unique attributes.
Nura employs an economic filter on self-insured health benefit plans that is based on a proven finance tool known as "economic value added" or "EVA." In effect, Nura treats the function of healthcare with the same in-depth cost and feature review as a self-insured plan does when analyzing metrics for manufacturing, distribution and other cost of goods.
While many self-insured plans already pay for some IM services such as chiropractic and acupuncture, these providers have (absent the Nura Platform) no systematic basis for capturing IM data. As a result, self-insured plans currently pay for services without comparing between (a) different IM treatments for the same diagnosis, (b) different providers offering the same IM services, and/or (c) conventional methods of care for the same diagnosis treated by IM providers.
Like any other application of EVA, Nura's healthcare Advisory Service begins with an assessment of current self-insured plan healthcare operations. This analysis leads to recommendations to the Self-insured plan as to how it can better drive health benefit decision-making. Nura then constructs a road map to support self-insured plans in their transition from current practices to value-driven operations (in each case inclusive of the Nura Platform, the Nura Provider Network and self-insured plan implementation support).