The Hidden Cost of Un-informed Medical Decisions to Companies

It is no secret that health insurance benefits are some of the priciest benefits offered by employers and, with many companies choosing to self-fund their plan, companies can be on-the-hook for large medical bills. Unfortunately for these companies, many of these bills could have been much lower had the employee had the proper advice to make a better informed medical decision. According to the Agency for Healthcare Research and Quality, up to 27% of emergency department visits could have been treated at lower cost facilities, such as doctor’s offices and urgent care clinics. The difference in cost between EDs and clinics can be over a thousand dollars.

Providing employees with access to resources and tools that provide real time medical advice can help lower healthcare costs to employers by connecting employees to providers who can advise on the best course of action.

In fact, implementing pro-active resources have reduced emergency room visits for our members by more than 40% while eliminating more than half of all urgent care visits.

If you would like to have a brief conversation on how we may be able to help you achieve better care outcomes for your employees at a lower cost, book a 10 minute consultation here: CLICK HERE