Most employers are bracing themselves for another round of rising healthcare costs, according to a recent survey by Willis Towers Watson consultants. Responses indicate that over the next three years, 7 out of 10 employers plan to prioritize curbing their rising healthcare costs. The fact that rising healthcare costs may require some companies to cut […]
Many businesses are switching to self-funded healthcare plans—also called self-insured health plans—in response to the ongoing escalation of healthcare costs. In comparison to fully insured plans that go through private insurance providers, with self-funded plans, companies use their own funds to pay for employee healthcare. Why would businesses make this choice? Because eliminating the middleman […]
The majority of employers in the United States offer health insurance as an employee benefit for a variety of reasons. It helps businesses attract new talent, retain current employees, and keeps employees healthy so that they remain happy and productive. For decades, the most common method of providing healthcare benefits for employees has been via contracts with […]
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.
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.
Interested in switching to a reference-based healthcare model? Knowing how to explain reference-based pricing to employees is an important first step.
Why is cost containment important in healthcare? This powerful strategy can help you save significantly on your healthcare spending.
