BETHESDA, Md., Aug. 30, 2016 /PRNewswire/ — This week, WellNet hired two seasoned business development executives — Jill Fallon in Texas and Kimberly Connelly in the Mid-Atlantic region.
“We’re thrilled to welcome Jill and Kimberly to our team,” said Keith Lemer, Chief Executive Officer of The WellNet Healthcare Plan. “Together, they have decades of experience helping small and mid-sized businesses reduce health costs and improve the quality of their benefits.”
WellNet allows firms to level and self-fund their health benefits, letting them keep the funds they don’t spend on claims rather than remit them to a conventional insurer.
“Under the ACA, traditional insurers have no incentive to manage their clients’ costs. Generally speaking, health insurance carriers’ revenues and profits go up when the cost of claims goes up for consumers,” explained Jason Kovar, Chief Executive Officer of WellNet Healthcare Administrators. “With WellNet’s plans, employees maintain access to their existing healthcare providers, while employers identify opportunities for health coaching and other means of reducing healthcare expenses.”