Curative disrupts traditional employer-based health care coverage by launching a health insurance plan with no copayments or deductibles

AUSTIN, Texas–(BUSINESS WIRE)–Curative, a leading healthcare delivery company, today announced a new health plan with $0 copayment and $0 deductible for in-network care, encouraging engagement proactive in removing financial barriers to care. The only requirement to qualify is to complete a basic preventative health visit, so members continue to have $0 deductibles, $0 copayments, and $0 out-of-pocket expenses for all in-network care, including many brand names, specialties and generic drugs. Approved by the Texas Department of Insurance, Curative’s plan will be offered first in Travis and Williamson counties in the Austin area and then statewide over the next year.

“We are on a mission to radically overhaul America’s health care system. In a post-pandemic world, we are launching a health plan that provides true cost transparency, removes unnecessary barriers to care, and delivers exceptional customer service,” said Fred Turner, co-founder and CEO of Curative. “When it comes to traditional health insurance, common sense suddenly goes out the window. If haircuts came with unexpected bills three weeks later, if a restaurant didn’t know its own prices, or if you were paying per episode for Netflix on top of your monthly subscription, you wouldn’t accept it. So why accept it when it comes to something as important as your health? The Curative Insurance Company helps people focus on their well-being. health rather than what they will have to pay for each visit The only way to achieve true cost transparency is for all network services to be covered at a cost of $0, so members really know where they stand are and can get the care they need without surprise bills or medical debt.

The baseline visit combines a preventative health assessment with true health plan integration to not only identify preventative care opportunities to avert illness before it occurs, but also improve members’ health literacy and their understanding of how to use the benefits of their plan. During the baseline visit, members will be assigned a health navigator who will accompany them through their health journey, helping them understand their specific goals and needs, navigate the complex health system, and help them make an appointment or get a prescription delivered. at their home.

By completing the basic visit within 120 days, Curative members will continue to pay just one competitive monthly premium for free access to all health services in the network, including primary care and specialty care, visits office and hospital, telemedicine, prescription pharmaceuticals, wellness, preventive care, and mental and behavioral health care through a high-quality PPO network. Comprehensive Healing Network includes major providers such as Austin Regional Clinic (ARC), Austin Diagnostic Clinic (ADC), all St. David’s facilities, among others, as well as 24/7 access /365 to a local doctor in less than 10 minutes via telemedicine.

In addition to a network of high-quality providers, members of the Curative plan will receive exclusive access to Healing commons, a one-stop-shop for health and wellness resources. Opening in 2023, Healing Commons, located at 900 Congress Ave. in downtown Austin, will include a first-class fitness center offering a variety of classes, nutritional counseling, healthy meals and snacks, and community event space.

“Personal spending has increased dramatically over the past 20 years, by almost 60%1. While the idea of ​​shifting responsibility to patients so they can make cost-benefit decisions is nice, it’s an outdated concept that has proven not to work. Consumers don’t shop around for prices or make rational optimizations because it’s impossible to know what services will cost; in fact, many vendors don’t even know the prices,” Turner said.

“As a result, essential and preventative care is often postponed or completely ignored. Although this results in a short-term cost saving, it can lead to a significant increase in long-term costs. Patients who could have remained healthy are now unnecessarily progressing to chronic illnesses, costly emergency room visits and specialty medications that could have been avoided by investing early in the health of these patients. Curative drives this early engagement by removing all financial barriers to care, and in the complex world of healthcare, the only way to make patients feel truly comfortable accessing the care they need is to guarantee a payout of $0 for all members of the network. care,” Turner added.

The curative plan will be available to employers with 51 or more employees in the Austin metro area (first in Travis and Williamson counties). Curative will continue to announce new launch cities in other regions of Texas as part of its phased strategic approach, with more states to follow.

“Austin Regional Clinic (ARC) is thrilled to partner with Curative and its innovative approach to health insurance,” said Anas Daghestani, MD, president and CEO of Austin Regional Clinic. “Providing access to high-quality connected care has always been part of ARC’s commitment to our patients and communities, with a focus on keeping our patients healthy and helping them achieve their The Curative model is designed to do just that, and we look forward to working together to continue driving healthcare innovation in Central Texas, starting in Austin.

As of 2020, Curative is best known for being a national leader in COVID-19 testing, having provided more than 35 million tests at thousands of testing sites in over 40 states, including more than 150 sites in Texas. In response to the fluid nature of the pandemic, the company quickly evolved to innovate, solve health challenges, and provide critical resources that supported community health needs. Curative’s new healthcare plan represents its next phase of growth and is the company’s primary focus following its successes in addressing other gaps in the healthcare system.

“Curative’s entry into health insurance is an important step in meeting the healthcare needs of Austin’s growing population,” said Bethany Leffingwell, senior vice president of strategic communications and programming at the House of Austin trade. “Austin embraces positive change and those who champion it. And for that reason, we think Curative and Austin will be a perfect match.

To learn more about Curative and its new healthcare plan, visit curative.com.

About healing

Curative was founded by its CEO Fred Turner in 2020 in Los Angeles, California, and is powered by a world-renowned team of doctors, scientists, engineers, and healthcare industry experts. Curative and its managed medical entities have played a critical role and a national leader in providing COVID-19 testing and vaccine administration resources in response to the pandemic, providing more than 35 million tests and two million vaccines at thousands of sites in more than 40 states. . At the same time, Curative created and launched an employer-based health plan, the first of its kind, which offers unparalleled cost transparency. Benefiting from a competitive premium at no additional cost – simply with the completion of a basic visit – Curative is working to remake our healthcare system into one that works for and supports the health and well-being of all members at every stage of their personal health journey. For more information, visit curative.comor follow us on Facebook, instagram, TwitterWhere LinkedIn.

1 ps://www.healthsystemtracker.org/chart-collection/us-spending-healthcare-changed-time/#Total%20national%20health%20expenditures,%20US%20$%20Billions,%201970-2020