Subscribe (Free) to
Daily or Weekly Newsletters
Post a Job

Featured Jobs

DB/DC Plan Administrator

Benefit Associates, Inc.
(Remote / Huntington Beach CA / NY)

Benefit Associates, Inc. logo

Retirement Plan Legal Specialist

(Remote / West Harrison NY)

Pentegra logo

Client Service Manager

United 401(k) Plans, Inc.

United 401(k) Plans, Inc. logo

Enrolled Actuary

Prime Pensions, Inc.

Prime Pensions, Inc. logo

Executive Compensation Lawyer

Trucker Huss, A Professional Corporation
(Remote / San Francisco CA)

Trucker Huss, A Professional Corporation logo

Defined Benefit Calculation Specialist/Actuary

The Angell Pension Group, Inc.
(Remote / East Providence RI)

The Angell Pension Group, Inc. logo

DPS Retirement Plan Consultant

EPIC Retirement Plan Services

EPIC Retirement Plan Services logo

Relationship Manager

Compass Retirement Consulting Group, Inc.
(Remote / NH)

Compass Retirement Consulting Group, Inc. logo

Retirement Plan Consultant

Carpenter Morse Group

Carpenter Morse Group logo

Retirement Plan Relationship Manager

ERISA Services, Inc.

ERISA Services, Inc. logo

Associate General Counsel

Central Pension Fund of the IUOE
(Washington DC)

Central Pension Fund of the IUOE logo

Quality Assurance Manager

Bates & Company
(Remote / Winter Park FL)

Bates & Company logo

Retirement Plan Administrator

Nicholas Pension Consultants
(Remote / Corona CA / Rancho Cordova CA)

Nicholas Pension Consultants logo


Central Pension Fund of the IUOE
(Washington DC)

Central Pension Fund of the IUOE logo

401(k) Distribution Manager

Nova 401(k) Associates

Nova 401(k) Associates logo

View More Employee Benefits Jobs

Free Newsletters

“BenefitsLink continues to be the most valuable resource we have at the firm.”

-- An attorney subscriber

Mobile App image LinkedIn icon
Twitter icon
Facebook icon

Press Releases by Date   |   Press Releases by Company Name

View More Press Releases by Centivo

Press Release

Centivo's 2022 Healthcare Spend Analysis Reveals 21 to 33 Percent Cost Savings for Employers

Issued by Centivo

Jan. 23, 2023

Employees Using Centivo Also Visited Primary Care Physicians More and Experienced Fewer Emergency and Inpatient Visits Than Industry Benchmarks

BUFFALO, N.Y. -- Centivo, a new type of health plan for self-funded employers anchored around leading providers of value-based care, today announced key findings from its 2022 healthcare spend analysis derived from the Company's flagship Partnership Plan offering. The findings reveal dramatic healthcare cost savings for Centivo's employer clients (21 to 33 percent) compared to widely recognized industry benchmarks.

In addition to highlighting cost savings, Centivo's analysis reveals utilization patterns that enabled healthier member outcomes, including higher primary care visits (+30 percent) and fewer emergency room visits (-15 percent) and inpatient admits (-13 percent).

Centivo's 2022 Partnership Plan Results versus Industry Benchmarks



Centivo Partnership Plan

Milliman Moderately Managed Benchmark

Percent Difference

Milliman Loosely Managed Benchmark

Percent Difference

Total Medical Costs (per member, per month)






Primary Care Physician Visits (per 1,000 members)






Inpatient Admits

(per 1,000 members)






Emergency Room Visits

(per 1,000 members)






Centivo's analysis is based on incurred and paid claims from Jan. 1 through Dec. 31, 2022, from members enrolled in the Centivo Partnership Plan, plus a claim's maturity completion factor.

Centivo's Partnership Plan is anchored around a primary care-centered provider model committed to improved patient access, quality and cost-effective care. This alignment brings with it market-leading pricing that enables significant employer savings. Additionally, these savings are offered in concert with plan designs that are more affordable – typically no deductibles, free primary care and straightforward copays for all non-primary care services, including surgeries and hospitalizations. All plans also include Centivo's proprietary virtual care practice, one of the first to receive the National Committee for Quality Assurance's Patient-Centered Medical Home Recognition. For members, the plan savings amount to an annual increase in take-home pay: members on Centivo's standard Partnership Plan paid an average of only $409 per year in out-of-pocket costs, compared to the national average of over $1,600 per year.

"Ensuring everyone has access to high-quality, affordable healthcare is the driving force behind everything Centivo does for its clients, members and provider partners," said Ashok Subramanian, CEO, Centivo. "The results of our 2022 healthcare spend analysis validate our model's ability to provide and deliver a first-of-its-kind health benefit plan that workers across the country, and in companies of all sizes, can actually afford to better their health and quality of life."

About Centivo Centivo is an innovative health plan for self-funded employers with a mission to bring affordable, high-quality healthcare to the millions of workers who struggle to pay their medical bills. Anchored around a primary care-based Accountable Care Organization (ACO) model and fully integrated with one of the nation's first virtual primary care practices to receive the National Committee for Quality Assurance's Patient-Centered Medical Home Recognition, Centivo typically saves employers 20 percent or more compared to traditional U.S. insurance carriers. Employees also realize significant savings through its free primary care, predictable copays and no-deductible benefit plan design. Centivo partners with companies employing over 50 people – from mid-sized organizations to the Fortune 500. For more information, visit

View More Press Releases by Centivo

Editor's note: This press release has been issued by the company named above, not BenefitsLink. Reliance on information in this press release might be prudent only after an independent review of its accuracy, completeness, efficacy, and timeliness. Reference to any specific commercial product, process, or service by trade name, trademark, service mark, manufacturer, or otherwise does not constitute or imply endorsement, recommendation, or favoring by BenefitsLink.

© 2023, Inc.