Novo Connection - 3x3x3 Challenge with Dr. Jonathan Lopez
Novo Connection is a self-funded technology platform that includes analytics, recommendations, quoting, program building, stop-loss shopping, and reporting capabilities all under one roof.
Transcription:
What is Novo Connection?
Novo Connection is a complete self-funded tech platform in the insurtech space, utilizing analytics for actionable engagement, and we're building programs and stop-loss shopping using data for proper underwriting.
How is Novo Connection different?
We're different as far as we're the only self-funded tech platform that integrates fully vetted vendors with intelligent recommendations. So utilizing all that data and coming up with recommendations and making sure all the pieces fit together so you're not taking one piece of a puzzle from one set and trying to plug it into another set because you're missing a piece. So everything works. And then utilizing year round proactive engagement with the broker, consultant, the client, the member, to make sure everything that we recommended is still working and working properly and driving down the cost of healthcare and the care of the employees is still being taken care of. And then having transparency in all we do. We charge a fee for what we do. We don't take any of the dark money on the back end from PBMs or from the networks. And really just laying out there exactly what's going into the plan and what they're paying for.
Who is a good fit for Novo Connection?
A good fit is any broker and consultant looking to build high performing self-funded programs. And that's whether they want to take a group from fully insured to self-funded, or self-funded bundled approach to an unbundled approach. We can help with all of it. And when I talk about a high performing self-funded program I mean better benefits at a lower cost. So making sure that we're taking care of all the finances as well as the employees and a broker that wants to grow. So we're growing. We want a broker that wants to continue to prospect and we wanna prospect with them and help them actually win those clients utilizing the data. And then any employer out there that wants more control and transparency so they can provide those better benefits at a lower cost.
Transcription:
What is Novo Connection?
Novo Connection is a complete self-funded tech platform in the insurtech space, utilizing analytics for actionable engagement, and we're building programs and stop-loss shopping using data for proper underwriting.
How is Novo Connection different?
We're different as far as we're the only self-funded tech platform that integrates fully vetted vendors with intelligent recommendations. So utilizing all that data and coming up with recommendations and making sure all the pieces fit together so you're not taking one piece of a puzzle from one set and trying to plug it into another set because you're missing a piece. So everything works. And then utilizing year round proactive engagement with the broker, consultant, the client, the member, to make sure everything that we recommended is still working and working properly and driving down the cost of healthcare and the care of the employees is still being taken care of. And then having transparency in all we do. We charge a fee for what we do. We don't take any of the dark money on the back end from PBMs or from the networks. And really just laying out there exactly what's going into the plan and what they're paying for.
Who is a good fit for Novo Connection?
A good fit is any broker and consultant looking to build high performing self-funded programs. And that's whether they want to take a group from fully insured to self-funded, or self-funded bundled approach to an unbundled approach. We can help with all of it. And when I talk about a high performing self-funded program I mean better benefits at a lower cost. So making sure that we're taking care of all the finances as well as the employees and a broker that wants to grow. So we're growing. We want a broker that wants to continue to prospect and we wanna prospect with them and help them actually win those clients utilizing the data. And then any employer out there that wants more control and transparency so they can provide those better benefits at a lower cost.