In 2004, CASB sponsored the formation of the Colorado Boards of Education Self-Funded Trust Inc. (BEST) to provide a multi-employer/employee health benefit program that offers administrative, underwriting, provider network, reinsurance, shared financial risk and other services to its member employers.
BEST operates under the philosophy that its members are the critical links to managing rising health care costs and expenses. Strong wellness initiatives and resources are made available to assist members, and are designed to work together to promote health, reduce lost productivity and ultimately limit the spiraling costs of health care. By standing together, school districts can create a program that serves them and their employees, not the profit line of a larger insurance company.
integrated health strategy incorporates biometric screens, health risk assessments, nurse navigators and incentive programs to control health care costs from both the demand and supply side of the health care equation
competitive direct contracting delivers network options that include leading health care providers and facilities throughout Colorado
pooling allows member employers to share the risk associated with unpredictable large claims
cooperative purchasing lowers expenses and provides opportunities to stabilize rates and reserves