Most of us would never consider buying a product or service without knowing the cost or quality. Sadly, we have been conditioned to make an exception when paying for Healthcare. In truth, how can you save money on Healthcare if you don’t know the price?
Now you have a choice—High Quality, Low-priced Surgery, in an All-inclusive, Bundled, Transparent Price.
For a Self-Funded Employer, out-of-control Health Care Costs are not “Monopoly Money”, and every dollar counts. Surprise healthcare costs increases can make the difference between paying outrageous Insurance Claims OR buying new equipment, increasing staff, or expanding into competitive markets.
Employers should shop differently for Health Care and put employees in touch with High Quality, Low-cost Healthcare providers. ERISA requires that Self-Funded Employers use Plan Assets only for Reasonable expenses. Embracing Transparency in Healthcare is crucial to fulfilling the fiduciary responsibility of being self-funded and using Health Plan dollars, especially if costs are being passed on to employees. Complying with Fiduciary Responsibilities outlined in ERISA is a hot topic for the Department of Labor. Self-funded employers must pay special attention to how Plan Assets are being spent to avoid costly fines.