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Reference-Based Pricing: Antidote to Rising Healthcare Costs

Healthcare costs in the United States are rising each year. Recent projections from the Centers for Medicare & Medicaid Services estimate that by 2026, nearly one in every five dollars spent in the United States will go to healthcare. What are we willing to do about it?  As a broker, health plan administrator, HR or Finance professional, we’re already working every day to keep costs under control, but is there more we can do?

What if there were a way to pay providers a fair price for their services, one tied to actual costs of treatment, rather than a price based on how much the patient’s benefits will pay out?  Sounds reasonable, right?

Spotlight: Healthcare Management

At CoreSource, we are proud of the work our Healthcare Management team does to help our members navigate the often confusing healthcare industry. We recently spoke with Dr. Meera Atkins, VP of Healthcare Management, and Deborah Fogal, Director of Healthcare Management, about what the team means to them.

Dealing With The Two “-teeisms”

Absenteeism and presenteeism are like twin anchors on employers, dragging down employee productivity and taking a chunk out of the bottom line. In a pair of recent articles, our VP of Marketing and Product Strategy, Steve Horvath, points out several ways employers can use employee benefits to help inoculate businesses against these two threats and help to lessen the losses.

Are you Following us on Social?

CoreSource social channels are a bountiful resource for anyone in the industry, delivering fresh content for brokers and employers.

Posted on March 22, 2018 in Consumer Engagement Products & Solutions

How to Talk about Healthcare Accountability

We’ve been seeing a shift of healthcare accountability from employer to employees, marked by the rise of High Deductible Health Benefit Plans and Health Savings Accounts, and I don’t see it shifting back. 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.

Posted on March 21, 2018 in Consumer Engagement Cost & Risk Management

3 Tips to get Employees Engaged with Healthcare Tools

Navigating healthcare can be a complicated, frustrating experience for members, but there are tools that can help make the process easier. A few employee benefits administrators use a “digital toolbox” to house an employer’s offerings, a single URL that serves as a central location for educational, support, and communications-related resources for members. This toolbox is loaded with brochures and flyers, videos, healthcare consumer support tools and electronic communications all in one convenient spot. 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.

Creating More Confident Consumers

One of the biggest challenges in today’s healthcare system is the rising cost of providing services. So why not empower members to shop for the best prices?

Posted on June 14, 2017 in Consumer Engagement