Hidden no more. The Employers’ Forum of Indiana (EFI) is giving people a look behind the curtain at the reality of hospital costs in the United States.
What began as the first hospital price transparency study in the U.S., commissioned by EFI and conducted by RAND Corporation back in 2017, eventually became the foundation for the Employer Hospital Price Transparency Project.
Starting in July 2022, the nation’s three largest credit bureaus – Equifax, Experian and TransUnion – will be removing nearly 70% of medical debt in collections accounts from credit reports.
On April 12, 2022, True Captive Insurance will be hosting The Future of Business & Benefits – St. Louis event at Busch Stadium, where local business leaders will discuss employee healthcare trends, self-funding health plans and how to gain control of healthcare spend.
Companies enhancing patient access to care and lowering patient costs all while slashing their own costs? That’s what earns Health Plan Hero status.
The Curtain has been pulled back on brokers taking financial incentives from insurers. As a Health Rosetta certified advisor, pieces like this from Marshall Allen at ProPublica (in conjunction with NPR) are critical to build a more transparent healthcare system: https://www.propublica.org/article/health-insurance-brokers-cost-commissions-bonuses.
Knowledge is power, especially when it comes to price variations in healthcare. Many times, the best pricing exists outside of your health plan, but how to get this information in front of employees is the biggest challenge. Even the most transparent PBM arrangements, can’t protect against uninformed decisions.
Congrats to Yellowbelly and The Benevolent King on Sauce Magazine's Best New Restaurant List for 2018. You guys rock!
This past year, the Missouri Chamber of Commerce unveiled it’s new association health plan designed for small businesses across the state to obtain affordable health insurance. Association plans have come into focus given recent federal attention and when designed appropriately can yield sustainable cost savings. The Missouri Chamber plan however, unfortunately misses its mark.
If you’ve attended any of our healthcare summits or watched our DisruptHR talk, you probably recall the case study we shared regarding Power Johnson Power System’s incredible healthcare initiatives. Don’t remember? PJ Power Systems was so successful in implementing Health Rosetta-style plan design strategies that the leadership team decided to take the entire team (all 100+ employees) on an all-expense paid trip to Vail, Colorado.
Has your company tried, over and over again, to solve ever increasing health care costs? “Yes, of course we have, but nothing seems to work!” is a common answer. “We bid out our employee health insurance every year through multiple brokers, we reduce benefits to offset rate increases, and we even light a candle 24 hours before year-end renewal!”
The Washington Post published one of the most perceptive op-eds on Labor Day that I’ve seen in a while re: the alarming impact that healthcare costs are having on employer wages: Where Did Our Raises Go? To Healthcare. Likely not new information - although, the way it’s presented will have every executive re-thinking their renewal strategy.
At the cornerstone of our Health Rosetta, the blueprint for high-performing health plans, is Direct Primary Care - a direct-to-patient care model that cuts out the insurance middle-man.
Less than two years since launch, Simpara has been named a Future 50 business by Small Business Monthly. The award recognizes our rocket-ship revenue growth and future potential but also our impact on the St. Louis community. This award is recognition of our work to reverse the trend in rising healthcare costs for businesses and their employees. We're restoring bottom-line growth, restoring wages to employees, and delivering a superior healthcare experience.
This award is a testament to our clients and the St. Louis community that we live and work - we couldn't be more humbled and thankful for the recognition. We're honored to be named among such inspiring organizations.
