Wellness News

HealthMine News

February 14, 2013

SeeChange Health’s unique approach to health care coverage recognized as industry-changing and leads to rapid growth in revenue and membership

SAN FRANCISCO, Feb. 14, 2013 /PRNewswire/ – SeeChange Health (SeeChangeHealth.com), the leader in wellness-centric health care coverage known as value-based benefit design, announced revenues grew from $7.6 million in 2011 to $50.2 million 2012.

“We don’t take a traditional approach to health care coverage,” said Martin Watson, SeeChange Health’s CEO. “We help employers improve the health and productivity of their workforce while helping control medical costs by rewarding employees for taking steps to better manage their health. It’s a new, common-sense approach that is rapidly gaining acceptance and our results certainly... Read More

January 7, 2013

Additional Funding Provided By Continuing Investors

SAN FRANCISCO, Jan. 7, 2013 /PRNewswire/ – SeeChange Health, an innovator in value-based benefit design solutions to improve health and reduce health care costs, announced it has secured its third round of $15 million in Series C financing from existing investment participants Psilos Group and Maverick Capital. SeeChange Health will use the capital to further its market expansion, to continue on its current growth path, and to advance ongoing product development.

“Our investors’ continued support speaks to their confidence in our mature and innovative business model of value-based benefit design solutions that give people an incentive to make healthy choices,” said Martin Watson , CEO of SeeChange Health. “This... Read More

December 12, 2012

STUDIO CITY, Calif., Dec. 11, 2012 /PRNewswire/ – SeeChange Health (SeeChangeHealth.com), the nation’s leading provider of value-based benefit plans, technology and services and UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, announced today the two companies will extend their partnership for the value-based technology platform through June 30, 2015.

UnitedHealthcare’s innovative United Personal Rewards program, and Diabetes Health Plan are fueled by SeeChange Health Solutions’ value-based benefit technology platform, that captures an individual’s health history, lab results and claims and uses sophisticated algorithms to identify potential health risks and appropriate actions to take to better manage their health. The platform... Read More

September 3, 2012

September 4, 2012 | Studio City, Ca.—SeeChange Health, LLC (SeeChangeHealth.com), the nation’s leading provider of value-based benefit insurance plans, technology and services, announced today that its chief executive officer, Martin Watson will provide an update on the company and answer questions from attendees of Morgan Stanley’s Global Healthcare Conference at 3:35 EST on September 10, 2012 at the Grand Hyatt in New York City.

The session will be webcast live and can be accessed from the news section ofSeeChangeHealth.com. Slides for this session will be posted for viewing shortly before the event begins and will be archived. The webcast will be available for replay on SeeChange Health’s website for 90 days after the event.

Value-based benefit plans go beyond... Read More

August 28, 2012

DENVER, Aug. 28, 2012 /PRNewswire

The Colorado Department of Insurance has authorized SeeChange Health Insurance (SeeChangeHealth.com) to offer medical plans to the state’s small businesses. SeeChange Health is already the fastest growing health plan in California.

“Our health insurance is new, different, and we believe, better,” said Alan Katz, SeeChange Health’s EVP for Sales & Marketing. “Like traditional plans we’re there for our members when they’re sick or injured. But we go further, offering financial rewards to those taking steps to improve and manage their health.”

This approach, referred to as value-based benefit design, has been shown to reduce the rate of growth of health care costs by revealing undiagnosed chronic conditions. “Early... Read More

June 27, 2012

SAN FRANCISCO, June 26, 2012 /PRNewswire/ – SeeChange Health, the leader in value-based benefit design solutions for employers, announced today that it is engaging with HealthCPA in a strategic partnership. HealthCPA is a first-of-its-kind membership service that saves consumers money, time, and stress by handling all of the intricacies of their medical expenses and healthcare financial management.

SeeChange Health and HealthCPA share a common philosophy about the importance of consumer engagement in lowering healthcare costs. SeeChange Health offers self-funded employers a benefits approach that rewards members for better health management, resulting in healthier and more productive employees, and lower costs for the long-term. HealthCPA Advocates help consumers navigate the... Read More