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As an integral part of health care delivery in the Territory, the physicians of V.I. Equicare are practicing medicine in partnership with the incentives, attitudes, and expectations of other stakeholders. While working together to align the interests of consumers, providers, payers, businesses, and government will be an ongoing process, there are some important advantages that health insurance carriers can gain now through affiliation with V.I. Equicare.
Benefits to Insurance Carriers
Single Signature Contracting: The PPO allows for expedient negotiations and single signature authority for participating physicians and other providers.
Increased Financial Predictability: A stream-lined reimbursement process, the elimination of balance billing, and published fee schedules help take the surprise out of health care for purchasers and payers.
Extensive Provider Network: Health plan members have fast and simplified access to over 95% of the physicians throughout the territory, plus home care, durable medical equipment, rehabilitation, skilled nursing, air transport, and other services. This comprehensive network provides the choice that enhances enrollee satisfaction while allowing for significantly greater flexibility in benefit design.
Quality and Affordability: By combining quality protocols that help assure high levels of care with careful medical management and utilization review, payers can count on the right balance of quality and cost.
Focus on Preventive Services: Along with acute care resources, V.I. Equicare providers can help enrich plan designs and benefits packages with a comprehensive range of clinical and informational services that emphasize wellness and preventive care.
The Information You Need: V.I. Equicare has the capability to generate and share information on medical management and cost containment.
A Bridge to Managed Care: Sponsored by local physicians and administered by people in the community, V.I. Equicare puts a familiar face on managed care and helps form a transition to other care models.