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 […]
While many employers provide healthcare coverage as a primary employee benefit, few realize they have the capability to negotiate lower costs for expensive procedures like major surgeries. This is one of the main disadvantages of traditional healthcare models: those responsible for medical costs usually have little say in how much they pay. In response, some […]
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 […]
Among small to mid-sized enterprises, self-funded healthcare models are becoming increasingly appealing—especially as healthcare costs continue to rise, escalating premiums and deductibles as well. This continual creep in costs has made healthcare exceedingly expensive for employers, forcing many to consider cutting back on the healthcare they provide employees. Self-funded healthcare plans offer employers a viable […]
If you’re one of the many employers fed up with outrageous healthcare prices and skyrocketing health insurance premiums, you’ve likely considered switching to a self-funded healthcare plan—if you haven’t already. Savvy business leaders know that self-funded healthcare plans can provide significant savings on annual healthcare expenditures without affecting their employees’ quality of care. However, they […]
What is cost containment in healthcare? It’s a question employers are asking more urgently as they search for ways to save money and cut spending while healthcare prices continue to skyrocket. Healthcare spending has grown out of control. In fact, the United States currently spends more than three times as much as other high-income countries. […]
6 Degrees Health Achieves HITRUST R2 Certification
Press ReleaseHITRUST r2 Certification validates 6 Degrees Health is committed to strong cybersecurity and protecting sensitive data. March 17, 2025 – 6 Degrees Health, a technology-enabled healthcare payment integrity provider, today announced its Claims System and MediVI Software Platforms residing in Google Cloud has earned certified status by HITRUST for information security. HITRUST Risk-based, 2-year (r2) […]