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Showing posts from December, 2019

Innovative Solutions For Healthcare Cost Management

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Individuals who sponsor health plans for themselves or for their loved ones are always on the lookout for innovative health design benefits that can help them give more control on the medical spending, which includes prescription cost and specially drug coverage. While there is a higher percentage of employers who are looking for alternative pro health plans for their employees, the recent announcement of the alliance of Berkshire Hathaway, JP Morgan, and Amazon to deal with healthcare costs and quality has encouraged other employers to explore fresh health plan programs. Not only the big players, but also the smaller employers are seeking referenced-based pricing and other techniques that might make easier for them to understand and monitor. Before moving forward, we would like to tell you that the employers, irrespective of their size are required to recognise the constantly evolving compliance issue that these initiatives might bring along with them. Evolving payment arrangem