It’s time to elevate the healthcare and insurance IQ of the American Healthcare Consumer.
Hopefully they are familiar with the terms the ‘industry’ felt was important for them to know such as deductible, copay, coinsurance, out-of-pocket costs. These are the terms they encounter when they utilize the increasingly inept benefits put before them.
The important terms they encounter each day, that significantly impact the cost and quality of healthcare, are now an integral component if they hope to take control and build a high-performance plan.
Let’s start with Rebates…a significant reason why employer plan sponsors and their members are overpaying for medications. Learning ‘why and how’ to minimize the impact of rebates can lower Rx spend by 20-40%.