What do the numbers 600, 50, and 90,500 all represent? These are all multipliers and raw growth numbers for the surge in demand for telemedicine access during the onset of the pandemic in the United States.
Take a look at AHIP’s breakdown of the numbers and the video interview with Akos MD’s EVP David Slepak on the subject to get a firmer grasp on the dynamic shift and what it means for benefits advisors and employers.
Alternative Reimbursement: You Can’t Pay Less For Healthcare Unless You Pay Less For Healthcare
Thursday, June 10, 2021, 2:00 PM ET / 11:00 AM ET
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.