Press Release

Centivo Named Insurance Employer of the Year in 2023 Stevie Awards for Great Employers

Issued by Centivo

Sept. 19, 2023

Buffalo, N.Y.  – Centivo, a new type of health plan for self-funded employers that’s anchored around leading providers of value-based care, announced today it has been named the Gold Stevie winner in the “Employer of the Year – Insurance” category as part of the eighth annual Stevie® Awards for Great Employers.

Centivo empowers employers to make accessible, high-quality, affordable healthcare a reality for their employees. By contracting directly with high-value healthcare providers and putting primary care at the center of all plans, Centivo prioritizes excellence in care while negotiating notably lower rates than traditional health plans.

“Since Centivo’s inception, people have been our priority and the motivation behind everything we do,” said Ashok Subramanian, Centivo Founder & CEO. “At a time when healthcare costs are steadily rising and cost sensitivities remain high for the average American family, it’s increasingly important to focus on real solutions for real people. Our team is passionate about bringing systemic change to the healthcare industry, and their collective efforts have been pivotal in furthering this mission.”

The commitment of Centivo’s dedicated employees has evolved Centivo from a bold startup to a leader in alternative health plans, so this award, which celebrates the company’s investment in a supportive and affirming workplace, is particularly meaningful. Through an annual employee survey aimed at identifying areas of success and improvement, monthly all-company huddles to keep the team engaged and an appreciation platform that celebrates achievements at all levels, Centivo is continually evolving its culture for the better.

“The Centivo team has expanded almost 100 percent since 2021, making it more important than ever that our culture reflects the inclusive, resilient and positive environment that we’ve consistently striven for,” said Stephanie Argentine, Centivo Chief People Officer & Head of Legal Affairs. “We’ve made significant investments this year to continue supporting our mission and ourselves — from expanded health coverage and additional paid holidays to the implementation of our ‘Culture Club,’ ‘Unpack Your Inheritance’ workshops, volunteer days, weekly meditation sessions and beyond. Receiving the Stevie Award for Insurance Employer of the Year signifies that by investing in the team, we are truly creating an environment where our employees can thrive.”

The Stevie Awards for Great Employers recognize the world’s best employers and the human resources professionals, teams, achievements and HR-related products and suppliers who help to create and drive great places to work.

More than 1,000 nominations from organizations of all sizes across 28 nations were submitted for consideration in a wide range of HR-related categories this year. The Gold, Silver and Bronze Stevie Award winners were revealed during a gala awards dinner yesterday, September 18, at the Marriott Marquis Hotel in New York City.

More details about the Stevie Awards for Great Employers and the list of 2023 Stevie winners can be found here.

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 Patient-Centered Medical Home (PCMH) Recognition by the National Committee for Quality Assurance (NCQA), 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 centivo.com.

About the Stevie Awards Stevie Awards are conferred in eight programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, the Middle East & North Africa Stevie Awards, The American Business Awards®, The International Business Awards®, the Stevie Awards for Great Employers, the Stevie Awards for Women in Business, and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 12,000 entries each year from organizations in more than 70 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at http://www.StevieAwards.com.

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