About Noveta Health
We Deliver More Visibility and Control to Your Health Costs
Noveta Health believes that by providing companies with best-in-class partners and full transparency into your health costs, collectively, we can significantly drive down your healthcare and pharmacy costs. Whether you’re fully-insured or self-insured, we strategically address three main cost drivers:
The administration of healthcare claims can comprise up to 8% of total costs. We have built our own TPA, which eliminates much of the ancillary charges and equates to 5% in savings.
Our solution is a pure captive, which operates on a flat management fee. Members are billed only for services your employees use. This offers control and savings, typically 15-35%.
Pharmacy services are often the least transparent healthcare cost. Our solution is a one-of-a kind transparent pass through model which delivers saving of 30% or more of pharmacy spend.