MinutemanHealth.org
179 Lincoln Street, Boston, MA 02111
1 Sundial Avenue, Manchester, NH 03103
1-855-MHI-1776
Minuteman Broker Newsletter
- Spring 2016 -
We have a lot of exciting news to share with our broker community this quarter. In the forefront is positive news about our membership and financial growth. We're also excited to introduce two new members of our sales team and announce the launch of the MinuteMember Wellness Incentive Program.
 
As always we thank you for your support and look forward to continuing to work together.

Finance & Membership News
Minuteman Health Reports Solid Financials, Membership for 2016
In addition to exceeding its membership targets, Minuteman has built a solid financial base, with $93 million in cash and $7 million in IBNR reserves for possible 2015 coverage payouts.
Read the full February 26 press release  here .
 
Minuteman Health Files its 2015 Annual Unaudited Financial Report, Sets aside $3,000 in cash per 2015 member due to the Federal Risk Adjustment program
MHI's unaudited financial statement reflects medical claims below target, administrative costs on budget, IBNR reserves of $7 million, and $93M in cash despite negative impact of Risk Adjustment.
Read the full March 7 press release   here .


 Sales Team News
Minuteman Health welcomes Keith Ledoux as Vice President of Sales & Retention
 "I am excited to join the Minuteman Health Team at this time, as I think this is a time of unprecedented opportunity for Minuteman Health to provide meaningful and sustainable solutions within a very complex market. I am looking forward to announcing great enhancements on a continual basis to our broker partners.
 
"I encourage you to provide me with any feedback you may have on how we can better serve you and your clients and I look forward to the opportunity to visit with you and/or your staff to learn more about how you can best position MHI's value proposition. Please contact me for a meeting.
 
"Thanks in advance for your ongoing support."
- Keith
 
Keith Ledoux
Vice President of Sales & Retention
Office: 857-317-6484
Cell: 774-232-2297
179 Lincoln Street
Boston, MA 02111
Read more about Keith here.
 
Minuteman Health welcomes Christopher Riche as Director of Broker/Employer Relations
Minuteman Health is pleased to announce the hiring of Chris Riche to the position of Director of Broker and Employer Relations. Chris will be responsible for selling Minuteman Health products to the Massachusetts group market predominately through health insurance brokers. "We are very excited to continue adding quality talent to our growing team at Minuteman Health. With Chris' experience and existing relationships with key distribution partners, he will significantly impact the sales efforts for Minuteman Health," states Keith Ledoux, Vice President of New Sales and Retention. 
 
Over the next several weeks, Chris will be reaching out to many of you in an effort to set up a meeting to discuss some very exciting things Minuteman Health has to offer. If you would like to reach him in the meantime, contact him at christopherriche@minutemanhealth.org or 857-265-3333.
MinuteMember Updates
MinuteMember Wellness Rewards Incentive Program
Minuteman Health has launched a member incentive program called MinuteMember Wellness Rewards for our fully insured members. The program offers a $50 incentive check to qualified members who have their annual preventive visit any time between January 1, 2016 and December 31, 2016.
 
The details for this program can be found  here .
 
The MinuteMember Quarterly eNewsletter
Each quarter Minuteman Health members receive an eNewsletter featuring company and network updates, health and wellness tips and benefit information, to name a few. Find out what our members are receiving from Minuteman Health by checking out the Spring MinuteMember eNewsletter here.
Broker News & Resources
Minuteman Health Massachusetts Broker Advisory Council
 
The Minuteman Health Massachusetts Broker Advisory Council met in the Boston office on March 3, 2016. The agenda included a Minuteman Health and industry update. The Council also discussed updates on pricing strategy, provider network, wellness, regulatory information, and broker communication.
 
Interested in joining the Council? We are currently evaluating our council representation in an effort to best support the interests of MHI in an advisory capacity. Contact Keith Ledoux at keithledoux@minutemanhealth.org or 857-317-6484 for more information.
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