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Health plans paid 224 percent of Medicare to hospitals in 2020

May 31, 2022

According to research from RAND Corporation, employer-sponsored health plans paid over twice as much as Medicare to hospitals for the same services at the same sites. This is an annual study performed by RAND, in which the 2018 study found that employers paid 247 percent of Medicare. Don’t pop the champagne to celebrate that reduction …

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Make Benefits Your Competitive Advantage in Recruiting and Retaining Talent

April 26, 2022

Small and mid-sized businesses are facing multiple challenges today. Inflation, cybersecurity, and supply-chain issues are affecting nearly every business. And the tight labor market is forcing every company to rethink how they are attracting and retaining one of their most important assets, their employees. Employees drive sales, clean up operations, keep customers happy, and make …

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Highlights from the MemorialCare Presidents’ Partnership: Elizabeth Mitchell of the Purchasers Business Group on Health (PBGH)

April 5, 2022

We had the opportunity to attend (and participate in the case of our partner Peter Freska!) MemorialCare’s Presidents’ Partnership 2022 where there were many great discussions around how to improve the healthcare experience for employers. We heard perspectives from a large local health system in MemorialCare, as well as perspectives from consultants, purchasing groups, and …

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Highlights from the KFF 2021 Employer Health Benefits Survey

March 28, 2022

Employers always want to know what other companies are doing with their benefits. They want to ensure they offer competitive benefits so they can recruit and retain their workforce, especially in today’s tight labor market. And knowing what peer organizations are offering and doing with their benefits is key. One great resource is the Kaiser …

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Why is Healthcare Spending High? It’s the Prices

March 21, 2022

Healthcare spending in the US outpaces every other OECD country, and it’s not particularly close. While wealthy countries such as the US spend more per person on healthcare than other countries, we spend far more per person on healthcare than similar countries. But even though we spend much more per person, we don’t experience significantly …

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Americans Facing Lack of Affordability in Healthcare

March 8, 2022

Health insurance is becoming increasingly unaffordable for most Americans and it’s leading to worse health outcomes in a variety of ways. In response, Centivo, a leading national TPA (Third Party Administrator), released a survey in late 2021 highlighting financial and health-related issues around unexpected medical expenses for Americans. We recognize that Americans face many issues …

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Benefits Trends in 2022: Actionable Insights for Employers

February 23, 2022

While healthcare trends may be interesting to us consultants, we can sometimes forget a key point in employee benefits strategy: Employers don’t want to become healthcare experts, they just want to provide quality benefits at the lowest cost To this end, let’s translate data and findings around the healthcare and benefits industries into simple-to-understand insights …

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