For many companies, the alarming rise of employer-sponsored healthcare prices has had a detrimental effect on their bottom lines and has also limited employees’ access to quality care. The relationship between the quality and cost of healthcare can be deeply complex, and sometimes reducing corporate costs results in lower quality employee healthcare. For example, when […]
How does medical reimbursement work? This blog answers that question while also providing some handy ways to save on healthcare spend.
Learn how traditional and self-insured plans differ, and why so many employers are switching to self-insured plans for healthcare cost management.
Weighing the pros and cons of reference-based pricing reveals easily mitigated potential pitfalls and benefits that overpower any shortcomings.
It’s true that healthcare is a complicated process. In fact, 62% of Americans feel as if the healthcare system is designed to be confusing. In contrast to typical payment methods in other industries for consumer services, healthcare has the dubious distinction of using at least one additional layer of service before consumers know who or […]
Learn some of the best healthcare cost-reduction strategies that help your company provide exceptional healthcare to employees at reasonable costs.
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Brokers and TPAs Need to be Aware: The December 31, 2024 Gag Clause Attestation Submission Deadline Nears
Cost ContainmentBrokers and TPAs may have the obligation to complete the Gag Clause Prohibition Compliance Attestation Submission (“Attestation”) on behalf of their self-funded group health plan clients, pursuant to an agreement with their clients. Although plans are responsible for filing the Attestation, TPAs and brokers may file on behalf of their clients. What is a Gag […]