Preventative care is key for effective health and wellness plans. It delivers cost savings, enhances health outcomes, and reduces chronic disease risks. A recent Mercer report highlights CFOs’ concerns about rising and unpredictable healthcare expenses. Health plan providers can cultivate productive work environments and support cost-efficient healthcare plans by focusing on preventive care resources, tools, and services. #WinWin #EmployeeHealth #HRStrategy Mercer Canada
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Unlike wealth management, health management appears to be very neglected, and is frequently overlooked and managed on an ad hoc basis or when trouble emerges. This won't happen with a medical concierge. Read more: https://brnw.ch/21wLVp4 #HealthWealth #InfinityMedicalConcierge
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The below post may be of interest to anyone looking to find out more about what medical concierges do, and to start investing in their #HealthWealth journey.
Unlike wealth management, health management appears to be very neglected, and is frequently overlooked and managed on an ad hoc basis or when trouble emerges. This won't happen with a medical concierge. Read more: https://brnw.ch/21wLVp4 #HealthWealth #InfinityMedicalConcierge
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Exploring self-funded health plans? Don't let common misconceptions hold you back. These plans offer greater control over design, potential cost savings, and access to valuable data for informed decision-making. Plus, paying claims as they occur can improve your cash flow. The perceived risks often pale in comparison to these advantages. Reach out to us on LinkedIn or visit our website - https://jadail.com/ #HealthcareSolutions #BusinessIntelligence
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Hope is not a strategy! If you are #fullyinsured for your employee #healthplan, this is your experience at almost every #renewal. There is a better method of managing long term #healthcare costs. Allow us the lead the way. For small to midsize #employers, this is often your biggest expenditure. Transitioning to a #selffunded platform with #costcontainment services built in, will provide greater #predictability to better #decisionmaking for future renewals.
Health costs worry CFOs: 'Less predictable' than other company expenses
benefitspro.com
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While you're trying to make sense of vague 'trend' explanations, your claims data holds specific stories about where your money is really going. Are you paying premium rates for employees who consistently choose high-cost facilities over equally qualified, lower-cost options? Are you funding prescriptions through your health plan that could be sourced at half the cost through alternative channels? This isn't about denying care - it's about demanding transparency. Every dollar of 'trend' that goes unquestioned is a dollar that could have been reinvested back into your company. Ready to pull back the curtain? Let's connect: ➡️ Follow us for weekly insights on LinkedIn 📨 Join our newsletter: https://lnkd.in/gkZcKqiV #HealthcareTransparency #BenefitsStrategy #CFOInsights #EmployerCosts #HealthcareTruth
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Morningstar’s 8th annual study on the health savings account (HSA) industry finds that the leading providers continue to make progress, but there’s still plenty of room for improvement. Learn More: https://ow.ly/xFoI50TyVsT #HSA #HealthcareTrends
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Better coordination of care, cost-efficiencies from evidence-based practices, #WorkInjury management, and discounted pricing for direct contracting are just some of the reasons why companies choose Next Level as their partner in managing employee health! 🤝 🔗 Learn more: https://bit.ly/42JtSnN
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While you're trying to make sense of vague 'trend' explanations, your claims data holds specific stories about where your money is really going. Are you paying premium rates for employees who consistently choose high-cost facilities over equally qualified, lower-cost options? Are you funding prescriptions through your health plan that could be sourced at half the cost through alternative channels? This isn't about denying care - it's about demanding transparency. Every dollar of 'trend' that goes unquestioned is a dollar that could have been reinvested back into your company. Ready to pull back the curtain? Let's connect: ➡️ Follow us for weekly insights on LinkedIn 📨 Join our newsletter: https://lnkd.in/gQwpQKkm #HealthcareTransparency #BenefitsStrategy #CFOInsights #EmployerCosts #HealthcareTruth
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Various factors are causing health care costs in the United States to rise. Check out the attached slides to discover the health care cost drivers that you CAN control. 📣 Business Owners: For strategies on how to control health care costs at your organization, contact the team at BeaconPath today: 888-883-1920. We can help identify and implement group benefits solutions to safeguard your most valuable assets. #healthcare #inflation #medical #prescriptiondrugs #economy #employeebenefits
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Over two-thirds of finance chiefs express significant concerns about the cost of health benefits compared to other operating expenses. As #healthcare expenses continue to escalate, #CFOs are prioritizing cost-cutting strategies in 2024 while reassessing the healthcare products and services provided to employees. Some benefits, such as mental health services, remain underutilized, while others, like complex care, are experiencing a substantial cost surge. This necessitates a delicate balance between cost-effectiveness and value in selecting appropriate healthcare services. https://lnkd.in/e2S_bMiq #Finance #Healthcare #EmployeeBenefits #CostManagement
Health costs worry CFOs: 'Less predictable' than other company expenses
benefitspro.com
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