App of the Week – League
Of course there is nothing more important than your health. You need the right health insurance to fit your specific needs. Not every one is the same and not every insurance plan is the same. That is why League is the App of the Week.
League is web and app based platform that seeks to eliminate the paper-based red tape of enrolling in a health plan. League opens up communication between employers, employees, and the health insurance providers. League is a marketplace where employees can browse and select the services that fits their needs best allowing them to more effectively spend the “allowance” allocated to them by their employer.
Health insurance and the Affordable Care Act is the biggest political football in the nation. People in need of health insurance need a better way to find it and customize it to fit their, and their family’s, needs.
League works like this: the digital wallet, or allowance is provided by the employer. It’s up to the employee to decide how to best spend that money. Using League the employee can select services from any provider in League’s marketplace. If the employee wants holistic or other natural health care options it’s their choice. No money has to exchange hands because it is all done through the platform. League also offers tools for managing appointments, personal trainers, yoga classes and health books.
League’s marketplace is competitive so prices are not locked in. Employees using the service know up front what they’re spending. Employers monitor every dollar that goes out through the platform, meaning they won’t get any unexpected bills at the end of the year. League’s cut is 2.5 percent administrative fee. Employees don’t pay anything.
For now, Seattle and Boston are the only U.S. cities where League is operating (Toronto and Vancouver are for Canada), but further expansion to other cities and states is coming soon.
But keep in mind that League is not something you can just go and enroll in. You need to introduce the service to your company. They probably have never heard of it. But it just makes sense. You get to select the services you need as needed. Not just enroll in a health plan that is cookie cutter and denies you the doctor or service you feel works best for you. Talk to your HR department.