The Direct to Employer Relationship works by connecting health care providers directly to employers, without an insurance company in the middle, to provide the financial advantages of a level- or self-funded health plan. In many ways, it offers simplicity. Costs for healthcare are on the rise from many factors. Direct-to-employer relationships allow for a self-insured employer to work directly with a health care provider (hospital network) to negotiate those costs to a more favorable rate. The system is broken, and the fix is in.
Direct-to-employer relationships address the following:
· Support from KBA – one of the country’s largest independently owned Third Party Administrators supporting a wide variety of group benefit plans.
· Quality providers – relationships with some of the best healthcare providers throughout the United States, as well as a wrap network to allow participants to seek care at a provider of their choice.
· Sense of community – relationships with healthcare providers in the area allow for companies to go straight to the best source of care, ultimately allowing for a healthier workforce.
This direct-to-employer disruption solution is so important. According to a recent Investopedia article, “… U.S. healthcare spending during 2019 was nearly $3.8 trillion, or $11,582 per person. By 2028, these costs are expected to climb to $6.2 trillion—roughly $18,000 per person.” Employers must seek innovative solutions such as DTEs to keep Main Street operating.
For more information and examples of the direct-to-employer relationships New Edge currently has in motion, please visit:
Ian Huron
317-666-5119
Probasco, Jim. “Why Do Healthcare Costs Keep Rising?” Investopedia, Investopedia, 9 Mar. 2022, https://www.investopedia.com/insurance/why-do-healthcare-costs-keep-rising/.
コメント