You’ve got a problem and we can solve it. The problem occurs all the time: it’s high health plan costs.
Every year employers are faced with the same issue – rate increases in their health plan – and they typically search for the same traditional alternatives. It’s like Einstein’s Definition Of Insanity – doing the same thing over and over and expecting different results. The traditional issues and approaches are:
- Second or third highest expense on the P&L
- Annual increases every year
- Annual cost shifting
- Going out to bid to insurance companies
- Change
- Lack of member services
- Education and navigation difficulties
The traditional outcomes are the same every year as well:
- Higher costs
- Less benefits
- Unsustainable costs for employers
- Unaffordable costs for employees
- Lower wage increases
- In ability to attract and retain employees
No one is happy with their health plan costs. We can solve your problem once and for all through our proven strategies and programs. The most significant drivers of high health plan costs are hospital overcharges and prescription drugs. Hospital charges account for about 60 to 65% of medical claim costs and rising, while only accounting for about 1 in 10 actual claims. Specialty drug prescriptions are off the chart – a couple months ago the FDA approved a drug for hemophilia at $3.1 million. Who can afford this?
We have programs that can dramatically curb both of these expenses, which will reduce your health plan costs by 30 to 40%! Would that be something you might be happy with? Would it enable you to give meaningful wage increases, invest in your people, improve employee goodwill? Or, would it allow you to invest in your company through technology, capital improvements, or expansion?
Traditional brokers and consultants are going to take the same ‘ol traditional approaches, which are going to result in traditional outcomes – the same old stuff, different day. Think about this – is the value or your broker in the products they want to sell you, or in the advice they give?
If you’re ready to take the step to investigate real strategies that are going to produce real outcomes, email me at [email protected] or call 970. 349. 7707 and we can talk about your specific problem and our possible solutions.
