MINNEAPOLIS, April 29 /PRNewswire-FirstCall/ -- UnitedHealthcare, a UnitedHealth Group (NYSE: UNH) company, is launching Catalyst Choice, a fully insured, innovative and superior alternative to catastrophic health plans for small and medium-sized businesses in Kentucky.
Catalyst Choice enables employers with up to 250 employees to offer more affordable health care coverage for their employees and the opportunity for employees to customize their benefits based on their specific individual health care needs and budgets.
For example, employers and employees share health care premiums; the employer pays for catastrophic (i.e., major health events) coverage while employees have the choice to purchase additional benefits such as enhanced pharmaceutical coverage, in-network routine and emergency care benefits, outpatient services, a lower catastrophic deductible and more. Benefits such as dental and vision coverage are available as well.
In addition, health plan participants have access to www.myuhc.com, an online portal that offers a host of health care information and programs, including Personal Health Records that enable customers to become more informed health care consumers.
"UnitedHealthcare's Catalyst Choice offers a superior alternative to traditional catastrophic, or limited benefit, plans," said Dan Krajnovich, CEO of UnitedHealthcare of Kentucky. "By combining low-cost employer-subsidized catastrophic coverage with first-dollar voluntary consumer options, we believe Catalyst Choice will enable more businesses in Kentucky to offer employee health benefit coverage and more employees the flexibility to tailor their benefits based on their own health care needs and budgets."
UnitedHealthcare (www.unitedhealthcare.com) provides a full spectrum of consumer-oriented health benefit plans and services. The company organizes access to quality, affordable health care services on behalf of more than 25 million individual consumers, contracting directly with more than 560,000 physicians and care professionals and 4,800 hospitals nationwide to offer them broad, convenient access to services nationwide. UnitedHealthcare is one of the businesses of UnitedHealth Group (NYSE: UNH), a diversified Fortune 50 health and well-being company.