“This is the dirty secret of healthcare benefits… the ‘network’ provider is supposed to negotiate favorable pricing for healthcare services. They don’t. This fallacy has been thoroughly debunked. It’s just that not everyone is yet aware of this.”
Do you want to pay less for healthcare services?
By Dean Jargo
Symptoms vs. Root Causes
You don’t need to read the article HERE. The headline says it all.
Too many CFOs will remain reactively focused on the ‘renewal’ and how to allocate the increased costs between the company and their employees.
Let’s remember… insurance costs are downstream of healthcare costs. If you want to impact your overall ‘renewal’, you have to focus on lowering healthcare costs.
Healthcare claims are a function of price AND volume/usage.
Chronic diseases generally drive high volume/usage. This is very difficult to impact at an employee level but is not impossible.
Insurance carrier ‘networks’ generally drive high prices. This is the dirty secret of healthcare benefits… the ‘network’ provider is supposed to negotiate favorable pricing for healthcare services. They don’t.
This fallacy has been thoroughly debunked. It’s just that not everyone is yet aware of this.
Do you want to pay less for healthcare services?
Start bypassing insurance networks and buy directly from healthcare providers. There are vendors that deliver this service.
It’s significantly less expensive, with better outcomes and high patient satisfaction.
Andrew Roberts:
CEO ALERT: If your corporate healthcare spend is $5,000,000 and your organization gets an 8.9% health insurance increase ($445,000) and your profit margins are 10% that means you have to sell $4,450,000 more product to keep your bottom line and employee’s paychecks PROTECTED from change
