The insurance provider’s aim “is to deliver a better experience with more savings,” Mario Schlosser, Oscar’s chief executive officer and co-founder, said in a news release.
Bloomington, Minn.-based HealthPartners is also focused on helping people to access high-quality affordable care.
“They’ve been in the market in Minneapolis for over 60 years now,” said Becky Woody, president of HealthPartners UnityPoint Health. The company “saw an opportunity to replicate that model in Iowa.” A joint venture was established with UnityPoint Health in Des Moines to come into the state’s insurance market.
UnityPoint Health-Allen Hospital is part of the medical system’s network along with its other Cedar Valley facilities. Kristin Schaefer, accountable care organization development specialist for the Waterloo hospital, called the partnership a shared vision.
“I think it’s that care and coverage, how we show up together,” she explained. The insurer and medical system take a collaborative approach “when we look at health not being just the absence of disease.”
HealthPartners UnityPoint Health offers insurance products “that are specific to where UnityPoint Health has their facilities,” said Woody. “But for those individuals who may not have access to a UnityPoint Health facility, we have an open product, as well.” That allows for coverage to employers throughout the state and a partnership with Cigna expands the network outside of Iowa during customers’ travels.
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