GHP offers new self-funded insurance plan for commercial businesses
Geisinger Self-funded is an ASO (administrative services option) model that allows organizations to choose between an all-in product and a base model, in which they can add any needed services and solutions. The plan also allows you to choose a formulary that best fits your needs. The Geisinger High Performance Rx Formulary maximizes your rebates, while our traditional low-cost formulary drives low net prescription costs.
The ASO is available to organizations with 51+ employees, but is best suited for organizations with more than 100 employees. Plan highlights include:
• Financial flexibility – Allows for carve-out of stop-loss, and groups of 250+ may carve out Rx
• Low-cost base medical fees – Includes essential core services such as enrollment, claims processing, customer service and standard reporting
• Network – GHP has 213 hospital contracts in our service area and we continue to expand our network throughout Pennsylvania with the additions of Lehigh Valley Health Network and UPMC hospitals in Dauphin and Cumberland counties. Members also have access to the national First Health Network which includes over 5,000 hospitals, 90,000 ancillary facilities and over 550,000 providers at 1 million health care service locations for out-of-area coverage.
Geisinger Commercial Group has received the J.D. Power Award for best commercial health plan in Pennsylvania three years in a row, ranking No. 1 in customer satisfaction in terms of coverage and benefits, cost, information and communication, and customer service.
To see if your organization qualifies and learn more about customizing a Geisinger Self-funded ASO plan for your organization, visit geisinger.org/asolive.
About Geisinger
Geisinger is among the nation’s leading providers of value-based care, serving 1.2 million people in urban and rural communities across Pennsylvania. Founded in 1915 by philanthropist Abigail Geisinger, the non-profit system generates $10 billion in annual revenues across 134 care sites - including 10 hospital campuses, and Geisinger Health Plan, with 600,000 members in commercial and government plans. The Geisinger College of Health Sciences educates more than 5,000 medical professionals annually and conducts more than 1,400 clinical research studies. With 26,000 employees, including 1,600 employed physicians, Geisinger is among Pennsylvania’s largest employers with an estimated economic impact of $14 billion to the state’s economy. On March 31, 2024, Geisinger became the first member of Risant Health, a new nonprofit charitable organization created to expand and accelerate value-based care across the country. Learn more at geisinger.org or connect with us on Facebook, Instagram, LinkedIn and X.
