eternalHealth, the primary Medicare Advantage Health Plan to get licensed in Massachusetts in practically a decade, is seeking to disrupt the medical insurance trade by offering top quality, reasonably priced care to Beneficiaries in Massachusetts and finally past. The firm additionally introduced that former Apple CEO John Sculley has joined the agency as Chairman of its Board of Directors.

Led by everlastingHealth Founder and CEO Pooja Ika, a 25-year-old Babson graduate, the corporate has a easy mission of leverage expertise to cut back well being plan working prices, permitting extra {dollars} to be allotted in direction of affected person care and advantages whereas embracing value-based care, letting for healthcare to be extra accountable, accessible, and complete, mentioned Mr. Sculley, who as of December 1^st, joined as Chairman of the everlastingHealth board.

“I reinvented myself in healthcare after my time at Apple two decades ago, by investing and mentoring dozens of entrepreneurs within the healthcare industry; working with software, biotech, analytics, and services companies,” mentioned Mr. Sculley. “When Pooja shared the vision behind eternalHealth and articulated that her beliefs were similar to mine, I knew that this was a company I was excited to be a part of. I look forward to working with Pooja, management, and a knowledgeable board to help grow the company.”

Mr. Sculley mentioned that Americans spend $4 trillion on healthcare and a trillion of these {dollars} are wasted yearly.

“All Payers (Commercial payers, State MEDICAID, and MEDICARE) pretty much manage the $4 trillion healthcare spend by deciding how care is delivered, measured, and paid for,” mentioned Mr. Sculley. “I believe if payers deploy digital workplace automation for most of the transactions across their organization, they can substantially reduce administrative costs and leave more dollars for the total cost of care, allocating more towards providing quality care through a high-touch model to assist patients and physician partners. Secondly, there is so much potential to take value-based care to the next level through platform driven intelligence into physicians’ and hospitals’ existing workflows and empowering every care touch point with 360-degree view of the patients care history, creating opportunities to improve quality and reduce costs.”

eternalHealth strives to offer Medicare Beneficiaries with high-quality, reasonably priced advantages which are complete. By leveraging nirvanaHealth’s cloud-based expertise platform, one which embraces synthetic intelligence and robotic course of automation, the group can eradicate the price and have to work with a number of completely different distributors and is ready to automate near 2,000-3,000 completely different transactional capabilities to function as a compliant payer. These efficiencies enable everlastingHealth to concentrate on the issues that actually matter, corresponding to engaged on offering enriched advantages at a decrease price to its members and eradicating the distrust that exists between suppliers and payers by allocating extra {dollars} in direction of the overall price of care and supplier incentives. Additionally, the corporate will place a big emphasis on the member expertise by rolling our numerous member centered initiatives to extend member satisfaction, retention, and assist construct a way of group and belonging.

Ika states, “I could not be more honored to have someone like John chair our Board. He is a great addition to an already incredibly knowledgeable and strong board we have been fortunate to build. I am so excited to be able to tap into John’s decades of experience in consumerism. Medicare Marketing is extremely consumer focused and I look forward to bringing a fresh, new perspective to health insurance, one that is focused on John and I’s shared vision of bringing luxury to healthcare, without the luxury costs.”

About everlastingHealth: Headquartered in Boston, everlastingHealth gives high-quality care with low out-of-pocket prices to the residents of Massachusetts. everlastingHealth is dedicated to inserting the member on the forefront of each resolution they make as a corporation. Women-run, constructed, and owned, everlastingHealth is a Medicare Advantage well being plan that gives HMO and PPO merchandise in three Massachusetts counties: Worcester, Middlesex, and Suffolk. For extra details about everlastingHealth’s plans and companies, please go to www.eternalHealth.com.

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