With skyrocketing healthcare costs continuing to drive benefit decisions, many employers are searching for a way to take control of their health plans. Given what employers are being charged for care, there’s no better time than now.
According to the Congressional Budget Office, commercial insurance prices are anywhere from 182-240% more than Medicare’s pricing for the same services. But understanding just how much they’re being overcharged by hospitals and insurers is especially difficult for employers who are not self-funded, says Eric Bricker, medical director at SimplePay Health.
