Business Details
20 Years
experience
Expert Employee Benefits & Healthcare Solutions
Since 2006, Ovation Health & Life Services has been dedicated to transforming employer healthcare solutions through innovative strategies that reduce costs while enhancing benefits. Our team of experts specializes in designing and managing employee benefits programs tailored to businesses of all sizes, leveraging advanced AI and predictive analysis to create customized plans. We employ a five-part process focused on long-term strategy development, risk minimization, process optimization, employee empowerment, and dedicated resource allocation. With a proven track record of delivering 45-72% cost savings for clients, we prioritize transparency, compliance, and 7-day-a-week support.Our level-funded and self-funded health plan models provide employers with unprecedented control over healthcare budgets while maintaining high-quality care for employees. Backed by industry-leading technology and a commitment to supply chain management principles applied to healthcare, we help businesses convert overspend into discretionary funds or boosted EBITDA. Our virtual care services, pharmacy consulting, and compliance solutions ensure comprehensive support for modern employers navigating complex healthcare landscapes.
Services
Employee Benefits Consulting
Level-Funded Health Plans
Pharmacy Benefits Management
Risk Management
Compliance Services
Virtual Care
Technology Solutions
Education Programs
Premier Health Plans
PBM Consulting
Details
- Year established: 2006
Highlights and features
- We implement a patented process for healthcare cost reduction
- Our team provides 7-day personalized customer support
- We guarantee 28-78% savings on health plan costs
- Our solutions combine AI technology with supply chain principles
- We offer level-funded plans with potential year-end refunds
What people say
Reduced annual benefit spend
Savings since inception
No cost increases
Better benefits
72% savings on pharmacy spend
Services
Level-Funded Health Plans
Our level-funded health plans combine predictable monthly payments with stop-loss protection and potential year-end refunds. Employers gain full financial transparency while maintaining ACA compliance and customized plan designs. This approach has consistently delivered 28-78% cost savings compared to traditional fully-insured plans.
Pharmacy Benefits Management
We analyze existing pharmacy benefit arrangements and implement targeted improvements that have saved clients up to 72% on pharmacy spend. Our solutions include free brand-name medications, reduced specialty drug costs, and comprehensive formulary optimization.
Employee Benefits Consulting
Our five-part consulting approach develops long-term benefits strategies that reduce costs while improving coverage. Services include plan design optimization, risk management, compliance support, and employee education programs tailored to each client's specific needs.
Risk Management Solutions
We implement comprehensive risk management frameworks that identify, assess, and mitigate healthcare-related financial risks. Our solutions include predictive analytics, claims management strategies, and stop-loss insurance integration to protect employer budgets.
Compliance Services
Our compliance experts ensure all benefit plans meet current healthcare regulations through ongoing monitoring, documentation support, and regulatory updates. We help employers avoid penalties while maintaining full transparency in plan administration.
Questions
How do your level-funded plans save money for employers?
Our level-funded plans combine predictable monthly payments with stop-loss protection and potential year-end refunds, reducing costs by 28-78% through efficient claims management and risk controls.
What makes your pharmacy benefits consulting unique?
We analyze existing PBM arrangements and implement targeted changes that have saved clients up to 72% on pharmacy spend while improving employee access to medications.
How do you help employers with self-funded plans?
We provide comprehensive administration, risk management, and technology solutions for self-funded plans, including claims processing, compliance support, and cost containment strategies.
What virtual care services do you offer?
Our virtual care includes online health assessments, telehealth consultations, virtual physical therapy, and 24/7 access to medical professionals through our benefits app.
How do you ensure compliance with healthcare regulations?
We provide ongoing compliance monitoring, regulatory updates, and documentation support to ensure all plans meet current healthcare laws and avoid potential penalties.
