THB Employer | 2021 | Episode 6 | Replay

The only way to pay LESS for healthcare is to pay LESS for healthcare. This simple statement sounds obvious but is ignored by most employers as reflected in their health benefits. For years, we have depended on the carriers to negotiate the price we pay for healthcare, having a more direct and transparent reimbursement (provider compensation model) is the key to immediately lowering your health benefits cost.

In a post-COVID world, even zero change in employees’ healthcare costs will likely still result in them spending a greater percentage of their income on healthcare. Why? Most household incomes are down so the focus shouldn’t be on maintaining the status quo, but on fighting to reduce overall costs and expenditures.

In this webinar, attendees will learn:

1. The realities of hospital/facilities economics to under why these alternative reimbursement methods WORK to create a WIN/WIN/WIN
2. The details on how using the following methods of paying for healthcare services can dramatically lower cost for employers and their employees:
   1. direct contracting
   2. bundled pricing
   3. reference-based pricing (RBP)
   4. cash
3. How they, at any size, can structure their health benefits like Amazon and Walmart, lowering costs and improving benefits