How to contain rising healthcare costs through self-funding
Now that open enrollment is over for most employers, many are feeling the pinch of high health plan renewal rates, excessive expenses, and more. One good way employers can contain [...]
The top six healthcare cost containment strategies every benefits advisor should know
As a benefits advisor, your clients look to you for help making benefits decisions that support better employee health. But with employer healthcare costs projected to increase by 6.5% this [...]
The prescription drug cost reporting due date is approaching
A requirement of the Consolidated Appropriations Act (CAA) of 2021, group health plans and carriers should be prepared to submit information about prescription drug spending by December 27, 2022.
What employees want in 2023 and how care advocacy can help
The Great Resignation…the shift to remote working….2022 was a demanding year for many employers. While some were up to the challenge, many are looking to 2023 to really dig in [...]
The benefits of reference based pricing
It’s no secret. Healthcare is one of the largest expenses for employers. A study by the Kaiser Family Foundation (KFF) shows that in 2021, the average cost for single coverage [...]
Four advantages personalized healthcare solutions give companies
Finding the right personalized healthcare solutions for you and your employees has never been easy. If you are an HR professional or head of an organization, you know it can [...]
The importance of people in revitalizing a healthy economy
The global economy continues to be affected by the COVID-19 pandemic. Companies struggle to retain and recruit employees while experiencing rising costs and supply chain shortages. Individuals grapple with both [...]
5 ways to help self-insured clients reduce medication costs
More than 60% of employers in the US say that medication costs and medical spending are increasing at an unsustainable rate. For self-funded employers, finding ways to reduce prescription drug [...]
Healthcare advocates: Why clinical experience matters
Care navigation is becoming more recognized as an effective cost containment solution for employers. However, understanding the differences between vendors is important. The term "healthcare advocate" can mean many different [...]
