Buffalo, N.Y. – September 25, 2023 — Ashok Subramanian, Founder and CEO of Centivo, a new type of health plan for self-funded employers that’s anchored around leading providers of value-based care, has been named to BenefitsPRO LUMINARIES Class of 2023 in the category of Industry Impact – Individuals.
This recognition celebrates top professionals and organizations within the benefits industry that strive to transform and humanize the field and set a bright example within the business. The 2023 honorees were selected by a panel of industry experts based on how well they stated and achieved goals with regards to the nomination category; how impactful their work has been; how dedicated the nominee has been to furthering modernization and humanization in the insurance business; and the nominee’s commitment to the highest ethical standards, as well as dedication to service and excellence.
“This year’s honorees exemplify how leading benefits professionals are moving their industries toward a brighter future and producing meaningful results in the areas that matter most to employers, employees and the future of benefits and health care,” said BenefitsPRO Editor in Chief Paul Wilson. “Our team is excited to recognize these industry thought leaders and innovators.”
“It is an honor to be recognized by BenefitsPRO for the impact we are making in the benefits industry. I am incredibly proud of our team’s work in moving the healthcare affordability needle and putting patient’s health and savings above all else,” said Ashok Subramanian, Founder and CEO of Centivo. “There’s no debate that healthcare is in an ever-deepening crisis, and the vision and leadership Centivo is bringing into focus is defining a healing path based on the simple reality that higher costs do not reflect higher quality care.”
With Centivo’s primary care-centered plan design, a value-based provider network and better unit cost savings, Centivo’s clients – ranging in size from 51 employees to the Fortune 500 – saw an average of 21-33 percent total medical cost savings in 2022. Additionally, Centivo members paid an average of only $409 per year in out-of-pocket costs, compared to the national average of over $1,600 per year.
For more information, visit Centivo at www.centivo.com
Centivo is an innovative health plan for self-funded employers, with a mission to bring affordable, high-quality healthcare to the millions of workers who struggle to pay their medical bills. Anchored around a primary care-based Accountable Care Organization (ACO) model with fully integrated virtual primary care, Centivo typically saves employers 20 percent or more compared to traditional U.S. insurance carriers. Employees also realize significant savings through its free primary care, predictable copays and no-deductible benefit plan design. Centivo partners with companies employing over 50 people – from mid-sized organizations to the Fortune 500. Learn more at centivo.com.