Elektra Health Expands Menopause Care Coverage with New Payer Partnerships in New York

What's Happening?

Elektra Health, a virtual menopause care provider, has expanded its network by partnering with MetroPlusHealth and Fidelis Care plans in New York. This expansion allows Elektra Health to cover over 95% of women in the state, offering personalized care throughout the menopause journey. The company pairs each patient with clinicians, coaches, and a community of peers to provide comprehensive support. Elektra Health aims to address the underserved needs of women experiencing menopause, a condition often overlooked in the healthcare system. The partnership with MetroPlusHealth, part of New York City's public health system, was achieved through rigorous collaboration with their clinical team to meet member needs. Elektra Health operates in multiple states and plans further expansion, negotiating enhanced reimbursement with some partners and accepting Medicare and Medicaid in most markets.

Why It's Important?

The expansion of Elektra Health's services is significant as it addresses a critical gap in women's healthcare, particularly menopause care, which has historically been underfunded and underrepresented. By increasing access to specialized care, Elektra Health is helping to improve the quality of life for women experiencing menopause symptoms, which are often inadequately addressed by traditional healthcare providers. This move also highlights the growing recognition of the importance of women's health issues and the need for dedicated resources and support. The partnerships with major health plans in New York signify a shift towards more inclusive healthcare practices, potentially influencing other providers to prioritize menopause care.

What's Next?

Elektra Health plans to continue expanding its network and services, aiming to cover more states and increase insurance partnerships. The company is focused on building local relationships with provider groups for referrals to in-person care when necessary. As Elektra Health grows, it may influence broader changes in the healthcare industry, encouraging more providers to offer specialized menopause care. The company also seeks to reintroduce a retired HEDIS measure for menopause management, advocating for comprehensive counseling and personalized care for women during this critical health transition.

Beyond the Headlines

The expansion of Elektra Health's services could have long-term implications for women's health advocacy and research funding. The increased visibility and support for menopause care may lead to more lobbying efforts and policy changes that prioritize women's health issues. Additionally, Elektra Health's approach to not monetizing supplements and focusing on evidence-based care sets a standard for ethical practices in virtual healthcare, potentially influencing other companies in the sector.