Third Party Administrators

Effective Care with cost reduction. Now that’s minimizing Risk

Mitigate Claims Risk

Our primary objective is to guide our members in making informed healthcare decisions, ensuring they receive high-quality care at reasonable market prices. To facilitate this, we provide transparent pricing information alongside every procedure recommendation, empowering our members to actively compare and choose healthcare options.

 

Our integrated telemedicine solution effectively reduces the frequency of visits to the emergency room and urgent care facilities. Collectively, these comprehensive offerings contribute to managing claims risk and enhancing overall cost efficiency for our members.

More than 70 percent of healthcare providers use telehealth or telemedicine to connect with patients in inpatient and ambulatory settings.

Lyric helps reduce medical costs while providing convenient access to a Nationwide network of Physicians your population will love.

Lyric has emerged as a crucial healthcare cost containment tool, seamlessly integrated into a comprehensive portfolio of group employee benefits.

By incorporating Lyric, organizations can effectively minimize office co-pays for employees and reduce claims costs associated with the employer’s group healthcare plan. A study conducted among 17,000 Lyric participants revealed remarkable outcomes, with a significant 30% decrease in hospital admissions and a remarkable 60% reduction in doctor visits. Consequently, this resulted in a substantial 45% savings by curbing unnecessary doctor and emergency room visits.

Ready to Learn More?

Lyric offers a personalized integrated virtual care experience that prioritizes member engagement.

 

Health Plans have the opportunity to enhance member experience and improve health outcomes by utilizing our Customized Digital Dashboard.  

Get instant access to integrated virtual care designed
to treat the complete you.