State of Florida now offers a healthcare Shared Savings Program

This notice appeared in the Weekly Phoenix between February 18, 2019 and February 24, 2019.

February 19, 2019

Beginning Jan. 1, 2019, the State of Florida will offer a Shared Savings Program to reward you for making informed decisions about your healthcare. The Shared Savings Program is a voluntary program that is available to you and your dependents who are enrolled in a State Group Insurance health plan. The purpose of the Shared Savings Program is to reduce healthcare costs and reward you for making informed and cost-effective decisions about your healthcare.

Under the Shared Savings Program, you can earn rewards by receiving rewardable healthcare services through the use of the state’s new vendors, Healthcare Bluebook and SurgeryPlus. Rewards will be credited to the savings and spending account of your choice, and you can use the funds to pay for eligible medical, dental, and vision expenses.

You can earn rewards through one or both of the following new benefits:

  • “Shop” for eligible healthcare services on the Healthcare Bluebook transparency website or mobile app. The website will identify certain healthcare services that are available for a reward. Rewards are earned after you “shop” for a rewardable healthcare service on the website, receive the service, and the claim has been paid.
  • Receive a “bundled” medical service offered by SurgeryPlus. Each “bundled” healthcare service will be available for a reward. Rewards are earned after you receive the “bundled” healthcare service and the claim has been paid.

Read more about choosing an account for your rewards.

Enrollees and their dependents may receive a share of the savings they generate through financial rewards deposited into a savings or spending account of their choice. Enrollees can select a new account or change their account selection any time in People First. Visit the Savings and Spending Accounts page for more information and view the Savings and Spending Accounts Comparison Chart.

For more information visit Shared Savings Program Frequently Asked Questions or contact the Division of State Group Insurance at 1-800-226-3734.

 

Comprehensive information available on the following web pages:

Shared Savings Program

Shared Savings Program Frequently Asked Questions

Savings and Spending Accounts

2019 Savings and Spending Accounts Comparison Chart

Healthcare Bluebook General Information

Healthcare Bluebook Portal

SurgeryPlus General Information

SurgeryPlus Portal

SurgeryPlus Frequently Asked  Questions