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In the last four years, a new and highly effective service, Telemedicine, has evolved that can reduce medical claim costs by $70 per month per employee. Unlike wellness programs, where employers attempt to change the employees’ and their dependents’ lifestyle, the Telemedicine results start immediately and is quite simple.
History of broker efforts to reduce claim costs
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As artificial intelligence continues to move into the mainstream, opportunities abound for eliminating confusion, personalizing content and improving outcomes.
In addition to finding success with a self-funded model, an in-house program gives Fello's employees access to cost-free primary and urgent care.
As costs to treat serious conditions surge, employers must plan how to absorb budget-altering expenses ahead of time.
As GLP-1 spending climbs, employers are asking whether the drugs deliver enough value. Better data could help them measure the payoff more accurately.
The legislation calls on Congress to lower prescription drug costs, shift subsidies directly to consumers, and enforce strict price transparency.
