![]() ![]() Since its founding over 35 years ago, CrossOver has grown immensely in order to address the increasing need for accessible and affordable healthcare services. ![]() "They need to drive and shape the direction of that change in order to have greater influence and better business results.CrossOver Healthcare Ministry is a 501(c)(3) non-profit organization that operates two healthcare clinics providing low-income, uninsured and medically underserved residents of the metro Richmond area with high quality, compassionate healthcare services. "Healthcare's waiting for its 'Uber' moment and employers have realized that they can't sit on the sidelines," Renya Spak, a partner at health benefits firm Mercer and head of the company's Healthcare Innovation Center told Business Insider in May. And in January, JPMorgan, Amazon, and Berkshire Hathaway formed an independent venture aimed at lowering healthcare costs for their employees. In 2019, General Motors will offer its salaried employees in Southeast Michigan a plan that works directly with Henry Ford Health System, covering about 24,000 employees and their families, lessening the company's use of its health insurance company. Symantec and the other clients Crossover works with aren't alone in looking for new ways to get a more direct grip on the healthcare their employees consume. "It’s an ongoing battle for us to stay ahead of the game and try to come up with innovative ways where employees feel like they’re getting a best in class benefit," Jennifer Lepird, Senior Director of Rewards & HRIM at Symantec told Business Insider. From there, the members have access to primary care appointments, as well as physical therapy, behavioral health visits, eye doctors, and health coaching sessions.Ĭyber security company Symantec chose to work with Crossover as it looked for ways to mitigate the trend of increased healthcare costs. Those who opt in still use their insurance, with co-pays set by the employer. The employer and Crossover work to recruit employees to join. Here's how it works: Employers opt into the program and pay on a per-member-per-month basis. Besides Apple, Amazon is also considering operating its own clinics for employees. Independent doctors practicing under a model known as direct primary care have been setting up on or near-site clinics paid based on a per-member, per-month model as well. Their history dates back to the 1800s, and they rose again to prominence between 1930-1960, around the time employers started covering healthcare as a way to convince people to work for factories that were ramping up production during the war economy.Īfter that, the popularity of on-site clinics waned, though there's now a renewed interest as employers look for new ways to tackle rising healthcare costs. It makes Crossover CEO Scott Shreeve's pitch simple. ![]() That savings can add up for a company with thousands of employees. Crossover says it can save as much as $970 per member compared to what employers would be paying if that employee went through the traditional healthcare system. The hope with on-site or near-site clinics is to make healthcare more convenient for employees, and along the way ideally cheaper by cutting down on visits. Some are starting to get fed up and looking for new ideas. As healthcare costs go up, employers are the ones feeling the pressure. More than half of the non-elderly population is covered by an employer-sponsored healthcare plan, and almost 80% of large companies are self-insured. It's also picked up $113.5 million from investors including Gurnet Point Capital and Norwest Venture Partners.įor many Americans, their employers are the ones picking up the tab for their healthcare. It often indicates a user profile.Ĭrossover has been gaining traction. In July, the company had its 1 millionth patient visit, with plans for another 500,000 visits over the 12 months for its 175,000 employee members. Account icon An icon in the shape of a person's head and shoulders.
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