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Many workers aren’t using their pre-tax dollars as wisely as they could. But employers can help them avoid inappropriate care with tools that support informed medical decision-making.
Many pharmacy benefit managers promote discounts and drug rebates that may look good on paper, but often provide no transparency of true costs. This can result in employers paying much more than they should.
Many pharmacy benefit managers promote discounts and drug rebates that may look good on paper, but often provide no transparency of true costs. This can result in employers paying much more than they should.
Brokers can use advanced data analytics to drive partnerships with self-insured employers, says Advanced Plan for Health’s Neil Godbey.
But a recent study finds that despite rising engagement levels making smart healthcare purchase decisions is still a struggle.
Workers are becoming better medical consumers, but could still use help from employers when it comes to understanding some of the finer details, NBGH says.
Some advisers are using this approach to help self-insured employers control costs. But it’s is not without controversy.
By helping employees make better choices, employers can get more out of their benefits investment.
This rural-Missouri adviser won deep discounts from local-area providers for the benefit of her self-funded and group captive clients.
By helping employees make better choices, advisers can help clients get more out of their benefits investment.
Tim Doherty, head of Pinnacle HR Solutions, seeks out employers with a strategic view of health benefits.
Employers should consider a number of major factors, including stop-loss coverage and reimbursement models, before making the move.
Both savings vehicles are important. Here are some useful guidelines for advisers seeking to help employees prioritize their savings objectives.
Targeting inflated medical costs, the benefits adviser pre-negotiates prices on behalf of its employer clients.
Faced with surging costs for the chronic condition, some companies are turning to provider Advanced Plan for Health, which helps firms identify hidden medical expenses.
For small to midsize employers, these vehicles provide numerous advantages previously only available to larger enterprises.
Faced with surging costs for the chronic condition, some companies are turning to provider Advanced Plan for Health, which helps firms identify hidden medical expenses.
The service provides convenience and cost savings while ensuring employees miss fewer work days.
For small to midsize employers, these vehicles provide numerous advantages previously only available to larger enterprises.
Three of the country’s most important companies have allied to take control of their healthcare costs.