What We Do
Rosalynn Carter
Former First Lady of the United States
Today, roughly half the U.S. population is aged 40 and older. More than 60 million adults are over 65.
After the age of 65, more than 70% of adults will require some assistance with the activities of daily living: eating, dressing, bathing, toileting, transferring, and managing cognitive decline. Yet few are prepared. Only about 10% of older adults have long-term care insurance (LTCI) policies. The burden of care is often left to family members struggling to balance their own life demands.
The opportunity for insurance carriers and other long-term care providers is enormous, though claims can be costly, particularly when facility care is needed.
VigR® Health Can Change the Economic Equation
Studies conducted by organizations such as Empower, AARP, and Western Mass News repeatedly confirm that from 75% to 90% of adults aged 50 and older wish to remain in their own residence as they age, preserving their lifestyle and independence for as long as practically possible. Notably, the most significant reduction in claims costs occurs when care takes place in the home. While some forms of home care, such as skilled nursing visits, can be expensive, home care is by far the most desirable and affordable option, especially when compared with nursing home fees. One-fifth of all nursing home stays last more than five years.
As an affiliate of Friends Life Care, VigR® Health was founded on more than 35 years of historical claims experience. We offer a validated approach to health span improvement, delaying the need for care by up to 3.6 years and mitigating it, so that care can be provided in an individual’s current living situation. By shifting the dynamic from facility care to home care, lowering claim incidence, and decreasing claim length, lifetime long-term care costs can be reduced by as much as 25%.
Our Total Engagement Solution
In addition to the unique organizational legacy and best practices on which VigR Health was founded, each key component of our total engagement solution sets us apart in the wellness space.
Vistara™ Predictive Model
VigR Health has access to an unparalleled 35+ years of longitudinal data comprising roughly 3,000 variables drawn from direct experience with an older population enrolled in Friends Life Care’s continuing-care-at-home (CCaH) plan. With this robust dataset, we partnered with Columbia Point Consulting to build our exclusive Vistara™ predictive model. The Vistara model enables accurate identification of key risk factors that drive claims behavior and inform interventions. With the Vistara model, we offer a variety of unsurpassed, customizable deliverables, including:
- Accurate risk identification and stratification of your plan participants
- Analysis of the key variables contributing to elevated risk scores for cohorts and individual participants
- Personalized “roadmaps” to healthy aging for your participants
Targeted, Holistic Approach to Wellness
Based on identified risk factors, our credentialed wellness navigators recommend preventive measures and validated risk mitigation interventions tailored to your participants’ needs. These recommendations may include changes to lifestyle, diet, and behaviors, as well as safety modifications to the home environment. Following proven, time-tested engagement protocols, our navigators provide one-on-one coaching, encouragement, resources, and other personal support needed to help ensure that participants adopt the recommendations provided.
VigR Health Technology Platform
Our custom technology platform enables rich data mining and helps ensure uniformly effective service delivery across your participant population. Based on inputs from VigR Health’s navigators, our platform presents the most appropriate interventional options for an individual. It regulates data capture and provides automated prompts and reminders to ensure each navigator’s efficiency and consistency in engaging with your plan participants.
Our Services, Your Way
At VigR Health, we can apply our expertise:
- For all your policyholders, members, or residents, or for a specific subset
- As a pilot study or a full rollout
- As part of a new LTCI policy design or life care plan
- As a new option or addition to an existing policy or plan
We will happily customize our solution to suit your needs, work with your actuarial team on the implications of claims costs and product pricing, and participate as needed in the regulatory review process.
For CCaH providers, the VigR Health technology platform is directly available for licensing.