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Averde Strengthens Innovative Network in Denver Increasing Access for Families Averde Strengthens Innovative Network in Denver Increasing Access for Families

11/23/2010

Recent contracts with Partners in Pediatrics, Greenwood Pediatrics, Pediatrics West and Aurora/Advanced Pediatrics strengthen Averde Health’s network in Denver helping patients’ access to a revolutionary payment model that finally makes high-deductible health insurance practical for families.

West Hartford, CT and Denver, CO – Averde Health, a new healthcare company that went live for employer sales in Denver last month, announced a recent expansion of their Guaranteed Payment Network with the addition of four key pediatric practices representing approximately 60 additional providers: Greenwood Pediatrics, Partners in Pediatrics, Pediatrics West and Aurora/ Advanced Pediatrics. Averde Health specializes in selling high deductible medical benefits to self-insured employers and consumers and offers a revolutionary healthcare payment model that allows patients to enjoy the benefits of lower insurance premiums while having a financial safety net.

Rapid increases in health insurance premiums and the slowing economy have caused more employees to choose the much less expensive high-deductible policies offered by employers. Though the premiums are much lower, these policies require the employees and their families to pay a larger amount out-of-pocket, often several thousand dollars a year, before their insurance will pay.

In Averde’s high deductible medical product, members pay no out of pocket deductibles and coinsurance at the doctor’s office. Averde pays participating doctors on behalf of members then collects directly from patients. Averde also offers manageable payment plans to help members pay their out of pocket medical expenses. This keeps costs affordable and the billing simple.

“We are always excited to improve provider access to our members in Denver,” said Valerie Zanon, Director of Network Development for Averde in Colorado. “Having these four pediatrics practices in our network means more families can take advantage of Averde’s benefit plan and have access to our financial safety net.” Under these newly signed contracts, members in Averde plans will gain access to Greenwood Pediatricians’ 18 providers, Pediatrics West’s 6 providers and Partners in Pediatrics 9 providers and the 24 providers at Aurora/ Advanced Pediatrics.

About Averde Health

Averde Health was founded by visionary health insurance executives who recognized the need for a better health care model that puts them in partnership with doctors and hospitals while allowing patients a simple way to manage their health care expenses. By solving problems for health care providers, Averde drives administrative costs out of the system, and helps hold down costs.

Media Contact: 
Roberta D. Wachtelhausen 
Sr. Vice President, Averde Health 
Sales and Marketing 
Averde Health, Inc. 
860-270-0243 
bert@averdehealth.com

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