Why Alternative Reimbursements Work
If you’ve been insured, you know the cost of health insurance premiums is only going up. At the same time, deductibles have more than doubled in the last decade. This means that while premiums continue to increase, the burden of payment has shifted onto the …
Price ≠ Cost
Healthcare in the US is… expensive. We spend almost double what other wealthy countries pay per person on healthcare. In a perfect world, that would mean we get the best care, but sadly, when comparing Healthcare Quality and Access, we rank last among our peers. …
Better Benefits For Less: A Quick Study
You don’t have to do a lot of research to understand that healthcare in the U.S. is...complicated. Even the most common procedures can be difficult to procure and pay for, but what if there was a way to make your experience of receiving and paying …
Overcoming The Hospital-Location Barrier To Seeking Better Care
In real estate, the three things that matter most are: location, location, location. The same goes for healthcare for U.S. businesses and employers. We don’t often think about it, but where we receive our care makes a huge difference in the level of care we receive …
The Key To Overcoming Healthcare Complexity
Healthcare should be simple, right? Providers have been pushing this message for years and constantly redesign their plans to make it easier for members to access healthcare. And to a degree, they’ve been successful. At this point, if we have insurance, most of us don’t even …
The Truth Around Cost And Quality: Healthcare Cost Variability
When it comes to your healthcare options, how do U.S. businesses really know they’re getting the highest quality healthcare? Many people tend to believe that the more expensive a product or service is, the better it must be -- think cars, restaurants, jewelry, or just about …
What is International Sourcing?
With pharmacy expenditure topping $358 billion in 2020, employers are desperately searching for ways to efficiently reduce their Rx spend. International sourcing is a method that has been used on a personal level for many years. However, many U.S. businesses are starting to employ this …
Do Patient Assistance Programs Work?
U.S. businesses continue to spend a monumental amount of capital on specialty drugs for their workforce. In fact, specialty drugs were estimated to represent about 50 percent of total Rx spend in 2020, with inflation of about 23 percent from the year before. Despite these …
How Rebates Are Driving Up Drug Prices
Similar to manufacturers of consumer product goods, many drug manufacturers offer rebates to lower the overall cost of the medication they produce. Instead of offering these rebates to you directly, however, pharmacy benefit managers are often the only ones on the receiving end of these …
Video: The Real Price Of Your Prescriptions
This video from Altiqe Consulting breaks down Rx spend in a way that makes sense. But what doesn't make sense is where this money is really going. …
