Whenimplemented together, reference-based pricing and medical billreview can reduce claims by more than 70 percent.
As health care costs continue their relentless upward climb, many self-fundedemployers feel they have one of two choices—cut benefits orincrease employee contributions. Either choice continues theundesirable pattern of passing health care cost increases ontoemployees.
On a national scale, employees already shoulder too much of thisburden. Consider that since 1970, pre-tax compensation hasincreased by over 60 percent, while actual take home pay hasincreased less than 3 percent. In another sobering example,hospital spending in non-Medicare households is twice that ofMedicare households.
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