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View More Press Releases by MyMedicalShopper

Press release:

NFP's Utah Office Partners with MyMedicalShopper to Empower Its Clients to Reduce Healthcare Costs

Issued by: MyMedicalShopper

Date: June 25, 2019

Employee benefits consultant now offers MyMedicalShopper's suite of healthcare cost-saving tools to control healthcare spending for their clients

PORTSMOUTH, N.H. and LEHI, Utah, June 25, 2019 -- MMS Analytics, doing business as MyMedicalShopper, will partner with NFP, a leading insurance broker and consultant, through NFP's Utah office. The partnership between NFP and this leading provider of health care transparency solutions will give consumers more choice and control with respect to their health care spending. Today the companies announced the partnership, making MyMedicalShopper's advanced health care price transparency software and cost-saving employer tools available to NFP clients in Utah.

NFP's Utah office can now deliver MyMedicalShopper's entire suite of products, bringing cutting-edge price transparency technology, patent-pending rewards programs, and robust claims analytics to employers and their employees. MyMedicalShopper, MyMedicalRewards, and their powerful MyMedicalMetrics employer analytics package are now available to NFP's Utah client base.

"NFP demonstrates all of the most important qualities that we look for in a partner," says MyMedicalShopper co-founder and CEO, Mark Galvin. "We are particularly impressed with NFP's commitment to thinking outside the box to find creative and cost-effective benefits solutions to problems employers are facing. We're excited to be teaming up with the NFP team in Utah in pursuit of our shared goal to reverse the trend of rising health care costs for individuals and businesses alike."

As the largest benefits broker in Utah, and with offices across the United States, NFP expects this new offering to significantly improve their clients' ability to offer improved health benefits to their employees.

"Our team has consistently sought out, vetted and invested in technology to increase the value of our employee benefit offerings," said David Jackson, managing director of the North West. "We take a strategic approach to help each client proactively align their benefits program with their long-term business mission, always aiming to contain costs without sacrificing the value of benefits to employees. We're very excited to be able to incorporate MyMedicalShopper into our expert solutions for employee benefits and health plan design."

MyMedicalShopper is a comprehensive platform for employers designed to drive down the cost of health care while improving employee benefits. The platform includes the nation's leading medical price transparency tools for employees, dynamic, patent-pending rewards programs and robust analytics packages for employers.

About MyMedicalShopper
MyMedicalShopper is available through benefit brokers and consultants serving both the fully insured and self-funded employer markets. MyMedicalShopper provides a comprehensive platform for employers who want to take control of their healthcare costs and empower their employees with a tool that makes shopping for medical care as easy as a Google search.

MyMedicalRewardsTM provides a dynamic HRA or HSA funding mechanism that drives good consumer behavior even when employees are spending employer dollars. It combines reference-pricing models with the MyMedicalShopper shopping experience to reward employees for choosing low-cost, high-quality medical care, thus reducing medical claims.

MyMedicalShopper's Employer Dashboard provides CEOs, CFOs and HR leadership with direct visibility into their group's claims experience, engagement with MMS programs and realization of savings. MyMedicalMetricsTM is an enhanced feature of this dashboard -- a robust claims analytics package that shows employers exactly how their employees are victimized by hidden pricing, inadvertently driving up their own costs and overall claims experience for the group. Employers can use this new information to team up with their employees, identify specific savings opportunities and build targeted campaigns that drive meaningful behavior change and claims reduction for their groups.

About MMS Analytics, Inc. (https://MyMedicalShopper.com)
MMS Analytics, Inc. dba MyMedicalShopperTM is a big data company on a mission to revolutionize healthcare. The company was started out of the need to bring transparency to consumers and the companies who provide healthcare benefits to their employees -- providing the leverage needed to make solid decisions on their healthcare and improve their quality of life. Consumers previously unaware of price variations in procedures and testing can utilize real-time health insurance plan pricing information that makes it possible to choose care based on price, quality, and convenience. Experts document that as much as $1 trillion could be slashed annually from the cost of healthcare in the U.S. MyMedicalShopper aims to transform the healthcare industry into a fair market for consumers.

About NFP (https://www.nfp.com)
NFP is a leading insurance broker and consultant providing customized property and casualty, corporate benefits, retirement, and individual solutions through its licensed subsidiaries and affiliates. NFP enables client success through the expertise of over 5,100 global employees, investments in innovative technologies, and enduring relationships with highly rated insurers, vendors, and financial institutions. NFP is the 5th largest US-based privately owned broker, 6th largest benefits broker by global revenue and 7th best place to work in insurance (Business Insurance); 10th largest property and casualty agency (Insurance Journal); and 12th largest global insurance broker (Best's Review).

Visit NFP.com to discover how NFP empowers clients to meet their goals.

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View More Press Releases by MyMedicalShopper


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