It’s not just you: everything is getting more expensive. And that includes healthcare. When you consider the astronomical amounts of money the United States spends for healthcare, you’d expect to see more accessibility to top-of-the-line facilities and cutting-edge services. And yet, despite the trillions of dollars spent annually on U.S. healthcare and healthcare-related services, the prices continue […]
You’ve probably overheard employees or employers complaining about out-of-pocket healthcare costs and how these expenses keep growing. It seems such grievances are well-founded, as medical costs in 2022 rose by 4.4% per employee, and are expected to rise another 5.6% in 2023, according to global professional services firm AON. That means the average employer can expect to spend about […]
As long as the U.S. military has existed, veterans have struggled with health issues related to their service. A recent survey by the Wounded Warrior Project finds that among post-9/11 veterans, 94% experienced severe physical injuries, 91% experienced severe mental health issues, and over a third of those injured require daily assistance. While the U.S. […]
Rising healthcare costs in the United States have made cost containment more important than ever. Read to learn why and how you can combat it.
Written By Bruce Shutan Payment-integrity services evolve as tool to help self-insured health plans weed out fraud, waste and abuse It’s almost hard to fathom that an estimated 25% of $4.1 trillion in U.S. health care spending has been traced to fraud, waste and abuse. In some cases, overcharging for medical services represent egregious attempts to […]
If you’re an employer looking to compare reference-based pricing and PPOs, this guide can help.
Successful cost containment in healthcare gets support from legislation governing the public sector initiative to cut overspending and boost transparency.
Interested in switching to a reference-based healthcare model? Knowing how to explain reference-based pricing to employees is an important first step.