Savings 101: Healthcare strategies for self-funded companies

Self-funded healthcare insurance is on the rise among smaller and mid-size businesses looking to manage employees’ healthcare. Through self-funded healthcare,  employers, rather than pay a hefty health insurance premium to insurers for their employees, “self-fund’’ premiums and assume most of the financial risk of employee health expenses. Employers pay claims through a third-party intermediary and […]

Embarking on a Path to Health and Wellness

Living a healthy life encompasses more than just the right diet and exercise. Achieving health and wellness also includes a healthy balance of social, emotional, spiritual, environmental and the working worlds. For the sake of brevity, we will focus on physical health – but the rest should not be ignored. Physical health can be broken […]

The Rise of Telemedicine

July 2016 – Telemedicine is real and is dramatically changing how consumers receive healthcare. Initially developed about 40 years ago to help alleviate a shortage of physicians in rural areas, telemedicine has developed into a valuable component in healthcare delivery and enables employees and employers to manage rising healthcare costs. Formally defined, telemedicine is “the use […]

What is a Healthcare Advocate?

The current healthcare environment is one in which a physician is in a situation where he has to “pay the bills” or maximize charges with each patient visit. Doctors do this because without adding these extra, sometimes unnecessary, tests/procedures they would likely go out of business. They are forced to maximize charges because Medicare/commercial insurance […]