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Showing posts from November, 2022
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Despite ongoing Covid risks, more employees consider cutting back on health-care benefits W ith millions of employees under financial strain due to inflation and an economic slowdown, employer-sponsored benefits are an even greater consideration heading into 2023. Just as many Americans want to scale back, new research on long Covid underscores the importance of having comprehensive medical benefits. Here are key considerations as open enrollment season gets underway. more Telethink Direct    #c ostreduction     # employeebenefits
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  The Value Hole In Health Insurance Plan Design Health Insurance Deductibles and Out-of-Pocket Max Unevenly Distribute the Plan Member Cost Share in a Negative Way.  Too Much Cost is Borne Up Front and No Continued Financial Concern is Incentivized as More Claims Costs are Generated.  As a Result, a University of Chicago poll found that 80% of Patients Delay or Avoid Care Because of Out-of-Pocket Costs and 79% Specifically Cite the Deductible as the Reason.  Telethink Direct Care : reduce claims for the employer and out-of-pocket expenses for employees.
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Why you should consider digital health care as part of your workforce strategy "Chronic conditions affect about half of all employees and account for 90% of U.S. health care costs. Unfortunately, workplace pressures can cause employees to avoid care, leading to even higher medical costs when illnesses go untreated. Telehealth helps patients stay engaged with care and sidestep the inconveniences of in-person visits. It also helps doctors collaborate across locations and specialties to deliver the right care by the right health care professionals sooner." more Discover Telethink Direct Care and reduce costs
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Telethink Direct Care: no deductible, no copay no consultation fee. Our network was recognized in 2021 by J.D. Power as a top direct-to-consumer telehealth provider, it was also ranked on the Inc. 5000 list in 2020 and 2021. We employ both technical and medical professionals, with over 750 board certified physicians, psychologists and psychiatrists providing quality care remotely. Telethink
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The Best Argument for Implementing Telehealth and Remote Patient Monitoring  Cost of Medication Non-Adherence Telethink Direct Care #medicationmanagement #247support
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As health care costs boom, employers are in a 'street fight' to keep their staff "In fact, many employers are planning to expand their health benefit options in 2023, focusing on improving affordability and access. According to a July survey of 700 employers from Mercer, more than two-thirds said they planned to enhance their health and benefit offerings next year, and 61% are currently surveying employees on their benefit preferences." https://www.advisory.com/daily-briefing/2022/11/08/workforce-concerns   Discove r Telethink Direct Care #transparency #costreduction #multiplebenefits
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  Telethink Direct Care #transparency #costreduction for #employers & #employees Most Americans Find Virtual Primary Care Effective, Appealing "New survey results show that 79 percent of Americans who engaged in virtual primary care stated that it allowed them to take charge of their health." https://mhealthintelligence.com/news/most-americans-find-virtual-primary-care-effective-appealing?eid=CXTEL000000070797&elqCampaignId=28317&utm_source=nl&utm_medium=email&utm_campaign=newsletter&elqTrackId=def0a0f2ae8542b7b4f5db007c624ef1&elq=6ba20e5683a24a06802152804e3eeb6d&elqaid=29186&elqat=1&elqCampaignId=28317
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  As health insurance premiums and out-of-pocket obligations increase, so does the number of Americans who are “functionally uninsured” " And that’s not all the bad news:  Not only do Americans pay more and more every year for health insurance, but  they are also now paying significantly more out-of-their own pockets before their coverage kicks in than they did 10 years ago. 61% more, in fact. "   The  average  premium for a family health insurance policy through an employer has increased 43% over the past 10 years, from $15,745 in 2012 to $22,463 this year.  That’s according to the Kaiser Family Foundation, which conducts annual surveys to arrive at the cost of employer-sponsored coverage.  This year’s survey  was released last Thursday. I highlighted the word “average” because half of U.S. families and their employers–especially small businesses, with 50 employees or fewer–paid more than that. Often considerably more.  And that’s not all the bad news:  Not only do Americans
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  Just when you thought you were finished with that last report. ERISA-Covered Companies Must Disclose Health Plan Costs An array of required disclosures These rules place new transparency obligations on group health plans and health insurance issuers subject to ERISA, including:     Publicly reporting health plan prices for medical and prescription drug services,  Developing cost-sharing tools for plan participants,   Eliminating surprise billing,   Removing gag clauses from health plan contracts, and   Reporting healthcare, pharmacy benefits, and prescription drug costs to the federal government.     https://docket.acc.com/erisa-covered-companies-must-disclose-health-plan-costs      Discover Telethink #directcare #transparency #costreduction  #noninsurance    #healthbenefits                                                                                                                                          
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  Higher health costs make it harder for companies to hire workers, employers say Most say it’s affecting their ability to offer better compensation, according to a new survey. Employers are angry about the price of drugs and hospital costs. Employers say that higher healthcare costs are hurting their ability to recruit and retain workers . https://www.chiefhealthcareexecutive.com/view/higher-health-costs-make-it-harder-for-companies-to-hire-workers Health Insurance Is Unaffordable. Health Care Is Not This Could Be the Answer to Offering Health Care Benefits or, Reducing Costs If You Are Insured More: https:telethink.net/employers