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. […]
Did you know that billing errors are shockingly common in the medical reimbursement process? Unfortunately, as much as 80% of all medical bills contain some kind of error. The healthcare industry likes to present a meticulous, professional appearance that projects a sense of authority to patients whose lives they may hold in their actual hands. […]
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.
Proposed Rulemaking to Strengthen HIPAA Security and Cybersecurity Protections
Cost ContainmentThe Office for Civil Rights at the U.S. Department of Health and Human Services (“HHS”), which administers and enforces the HIPAA Security Rule (“Security Rule”), recently issued a Notice of Proposed Rulemaking (NPRM) to strengthen cybersecurity protections for electronic protected health information (ePHI). The proposed rule introduces several new requirements and clarifications that will have […]