What does Bloom Health do? We're glad you asked.
We help employers define and control their health care spending.
We help employees spend their health care dollars wisely.
And we do it in a way that's different & easier, than anything else out there.
Employers will...
Get a hold of health care expenses.
We've taken what's become a huge headache and turned it into something simple, engaging and valuable.
- Using our proprietary financial model, we help you determine a reasonable and affordable amount to spend on employee health insurance — finally, a real budget you can control.
- We offer a defined contribution model for full-time employees, plus solutions for COBRA participants and part-time workers.
- We take over all the cumbersome administration of health care benefits — we even have an in-house broker.
- We help your employees take greater ownership of their health care purchasing decisions.
Employees will...
Spend health care benefits wisely.
We help your employees spend their health care benefit wisely.
- We help them understand how you're providing great health care benefits.
- We compare lots of health plans, giving them options and information.
- We match them with the plans and services that are best suited to their individual needs, family situation and budget — no more "one-size-fits-all."
- We remove the guesswork and make the whole process easy — even fun.
- They become more aware of their health care finances and purchases — and more empowered to take control.
Seem complicated? Here's how it works:
- 1
We partner with employers to determine a reasonable yet affordable amount to spend on health insurance.
- 2
Employers deposit pre-tax dollars on behalf of each employee into a Bloom Account.
- 3
Employees take the Bloom Survey, a comprehensive, intelligent and friendly health and financial assessment that identifies appropriate health plans and services. It's easy, fast and accurate.
- 4
Our own recommendation engine quickly generates tailored insurance plan options for each employee and displays them through our online marketplace — the Virtual Shelf™.
- 5
Based on employee preferences, we can also use the Virtual Shelf to recommend other helpful health and wellness services.
- 6
Employees select a health plan and pay for insurance and other services directly from their Bloom Account, with Bloom Health administering the entire transaction.
- 7
Employees use the remaining dollars in their Bloom Account to pay for health services throughout the year. Any money they don't spend rolls over to the following year.
So how does Bloom make money?
Bloom Health is free for employees.
Employers pay us a small administration fee based on the number of employees eligible for our services.
We also collect commissions from insurers and other Virtual Shelf™ partners to subsidize employer costs.
Who we are.
We're a completely independent entity.
We can serve as an employer's broker, and act in the interest and on behalf of employees at the same time; giving you the best of both worlds.
Who we're not.
We're not an insurance company.
Although we are paid commissions from insurance companies, we do not offer any type of preference or sponsored plans.
Healthy budgets. Healthy employees. You can have both.
Download this Employer Brochure (PDF).
Or if you still need more information, Get in Touch with the Bloom Health sales staff.
Read testimonials from our clients and their employees.