Aetna, Cigna and Tufts Health are reportedly launching value-based agreements with providers to cut health costs and boost beneficiaries’ quality of care, according to a Health Payer Intelligence report.
The payers are taking part in collaborative agreements with providers through the formation of accountable care organizations and other value-based deals to deliver a high-quality health care experience.
“While most would agree that our current health care system needs to evolve, it’s not easy to find health systems who are willing to shift their focus and make a meaningful investment towards this formation,” Christopher Ciano, president of Aetna’s Florida operations, said.
Agreements between Aetna, Orlando Health and UnityPoint Accountable Care are giving employers an opportunity to participate in Aetna’s Whole Health plan, which could cut costs for employers to the tune of 15 percent.
To read more on these new agreements on Health Payer Intelligence, click here.