AUSTIN, Texas–(BUSINESS WIRE)–Sana, a health care company that gives health advantages to small businesses at reasonably priced prices, today announced its expansion into Virginia.
Sana is serving a historically underserved market in Virginia. Along with the shortage of medical insurance options for small businesses found throughout the country, Virginia also suffers from low availability of primary-care and mental-health providers. The United Health Foundation’s 2021 report ranked Virginia’s ratio of people to primary-care providers as thirty sixth among the many 50 states, and its ratio of people to mental-health providers as thirty eighth. Sana’s inclusion of $0 virtual appointments with primary-care and mental-health providers in most plans will help Virginians facing those issues.
“Sana entered three recent states in 2021, and plans to maintain expanding in 2022,” said Sana co-founder and CEO Will Young. “We’re on a mission to make health care comprehensible, accessible and reasonably priced to as many Americans as possible. Virginia has over one million small business employees, and we’re excited to supply them a greater alternative to the identical restrictive networks and sky-high ‘negotiated rates’ which have dominated the marketplace for many years.”
Sana’s availability in Virginia signifies that small and midsize businesses can now get health plans which can be purpose-built to satisfy their specific needs. Anthem Group and Cigna possess 72% of the state’s PPO market share, in keeping with a 2021 report by the American Medical Association. Sana offers an alternative choice to those and other legacy insurers.
The big, legacy insurers in Virginia may function an adequate option for enterprises with hundreds of employees, but they’ve failed to supply smaller businesses with the support their modest or nonexistent human resources teams require. Moreover, those employers haven’t been given access to value-based health care models proven to make employees healthier at lower costs.
“Getting prime quality, reasonably priced health coverage is some of the difficult jobs HR professionals face, especially at smaller employers,” said Joan Reutter, sponsorships chair of the Prince William, Virginia chapter of the Society for Human Resource Management. “We’re excited for Sana to assist our members solve that problem. We have seen Sana’s work with SHRM chapters in other states and know they’ll be an ideal partner.”
Only payroll surpasses health advantages as corporations’ largest expense category. Small businesses pay anywhere from 8% to 18% greater than a big company for an analogous medical insurance policy, in keeping with a 2018 National Conference of State Legislatures report. Worse, 40% of small businesses reported that they’ve increased the costs of products and services on account of rising health care costs, in keeping with a 2021 survey by Small Business for America’s Future, a nonprofit organization comprising business owners and leaders based in Washington, D.C.
When Sana enters a market, 35% of its recent customers are small businesses that were previously unable to supply health care to employees, largely on account of high costs. Launching in Virginia adds greater than one million employees who can profit from Sana’s health plans.
“Sana has been incredible for our business,” said Jason Martin, the owner of Roost Austin, a vacation rental company. “All the pieces from the worth of the plans, to the convenience of use, to the client support has been amazing.”
Those on the lookout for small business medical insurance in Virginia can utilize Sana to get monetary savings and attract and retain top talent in a competitive labor market. Sana’s customers often save as much as 20% in comparison with legacy insurer pricing and most receive flat rate renewals.
Starting today, Virginia-based corporations can offer their employees health advantages packages with full medical, dental, vision and more without network restrictions or hidden fees. Sana is thought for reasonably priced employer health plans, $0 virtual doctors’ appointments, low co-pays and 95% customer-service satisfaction. Along with primary care, Sana gives employees access to virtual care with providers specializing in pediatrics, maternity and mental health.
Austin-headquartered Sana provides small businesses with dependable health plans at prices they’ll afford. Through value-based care, the Sana Care ecosystem of world-class providers, direct primary care and more, Sana is reducing the associated fee of high-quality care. Sana is making it easier than ever to manage advantages for employers and offers simplified health plans and top-notch customer support to employees. Sana provides healthcare to small businesses that drives down costs while concurrently delivering an exceptional quality of care. For more information, visit www.sanabenefits.com.