Blog

2018 Year in Review

 
We covered a lot of ground on the CoreSource blog in 2018. This year we looked at a wide range of topics, heard from new authors and points of view, and shared a veritable cornucopia of digital engagement tools.
 
In our mission to continue the conversation on health benefits, we brought you 24 posts in 2018, covering a wide range of trending industry news, best practices, and products.
 
Our top-performing stories this year focused on topics from across the world of benefits, including:

Reference-based pricing, a possible antidote to rising healthcare prices

Reference-based pricing helps brokers pass on the best possible deal to employers so that they can pass on the savings to their members. The model also helps to lower costs for employers with self-funded plans, and may lead to lower out-of-pocket costs for members covered by High Deductible Health Plans.

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Starting a conversation with members about healthcare accountability

“But accountability is a two-way street. Employees are also rightfully asking for more accountability from their employer and to be more directly engaged in managing their healthcare. By fostering the dialog between employers and employees, brokers will play a critical part in empowering healthcare consumers.”
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Engaging members with our healthcare tools

Tools won’t do your employees much good if they don’t open the toolbox and start using them. Getting employees to engage with their healthcare tools is key, and we have three strategies to help empower them.


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We also talked about ways clients can better protect themselves against losses from absenteeism and presenteeism, how captive insurance works, the value of products such as PayActiv, and we explored ways we can better serve client needs by helping members.
 
And, of course, we shared enough videos to fill a benefits-only film festival. We provided member information resources on network coverage, reference-based pricing, health savings accounts, and EOBs, in addition to client engagement tools on self-funding, healthcare management, and more.
 

Thank you so much for stopping by the CoreSource blog, and sharing your time with us this past year. We hope this has been a valuable resource for you, and look forward to bringing you more news, analysis, and other tools in 2019. Let us know what you’d like to see on the blog in the future. Drop us a line via our website, or on LinkedIn, Twitter, or Facebook with any requests, tips, or if you’re interested in writing your own post for the blog.

Posted on December 28, 2018

Reference-Based Pricing: a Welcome Disruption

Rising healthcare costs are a complicated issue, and just as there is no single cause, there is also no single “silver bullet” solution. However, reference-based pricing solutions can help reduce the burden on members and employers.

Posted on December 27, 2018

Video: Healthcare Management Delivers for Clients and Members

We’re pretty proud of our Healthcare Management team and the work they do. Watch our video to find out more about the team and the results they deliver.

A ‘client-first’ mindset is second nature for us

Adopting a client-first attitude is never easy. It requires a sea change in a company’s culture, but the rewards for the company are staggering. At CoreSource, we pride ourselves on anticipating client needs, bringing a collaborative attitude to the relationship, and maintaining total honesty and transparency in our client relationships. Delivering in those three key ways is the foundation for a client-first mindset.

Posted on November 20, 2018

Video: Reference-Based Pricing

Each year, healthcare costs continue to steadily increase.  To help CoreSource clients manage healthcare costs and foster transparency, CoreSource offers reference-based pricing options, which help employers keep costs fair and reasonable.
 
Our member education video explains the benefits of reference-based pricing, and what members should do to take advantage of it.

Posted on October 05, 2018

We Are Advocates

We think a lot about advocacy at CoreSource, and what it means to be an advocate for members. We understand that navigating the system is often difficult under ideal circumstance, and through advocacy we work to make it easier for members. For instance, our CoreSource Connect service allows members to bring complex problems to our representatives, who will help solve those problems. I see advocacy as a way to say to the member, especially those having a difficult health situation, “we are here to help with that heavy lifting.”

Posted on October 01, 2018

Video: Get to Know Your HSA

Members can sometimes face daunting out-of-pocket costs for healthcare, but CoreSource offers options to help alleviate the financial burden they face today. For members with a Qualified High Deductible Health Plan (QHDHP), a Health Savings Account (HSA) can provide a way to save pre-tax dollars to pay for qualified out-of-pocket expenses while also offering members a way to save for their future. CoreSource explains the benefits of an HSA in our latest member education video.

Posted on September 14, 2018

How CoreSource Helps Members Make Better Decisions

The benefits professionals at CoreSource work to minimize the complications and pain points of healthcare for our clients and their members whenever possible. We understand that members face a healthcare system which is more and more complex and expensive, and how important it is for them to make informed financial choices.

Posted on September 13, 2018

3 Ways Captive Insurance helps make Self-Funding Possible

The name may sound ominous, but captive insurance companies provide increased financial freedom for employers and help make self-funded health benefits plans more affordable. Here are three key ways captive insurance benefits employers.

Posted on August 13, 2018 in Self-Funding 101

Video: Simplicity

Paying for healthcare can be a daunting prospect for members, which is why CoreSource offers our clients Simplicity, a powerful tool for members to make healthcare more affordable and easier to manage. Simplicity is a groundbreaking innovation for the industry which allows members to consolidate all of their in-network bills into one monthly statement, and to spread the payments out over 12 months, interest-free.

Posted on July 20, 2018

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