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New Approaches to Managing Health Care Costs, Improving Outcomes

InterWest Insurance Services

This process, called steerage, if executed correctly can save the employee money on their deductibles, copays and coinsurance and help them get better overall care. Ask them how they earn their money, and what kind of commissions and margins they are earning on drugs dispensed to your employees.

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6 Common Mistakes to Avoid When Choosing a Health Plan

CorpStrat

But health insurance provides personal coverage, so it’s important to research and find what will work best for your health needs and budget. Read our full blog post to learn what to look out for before you finalize your decisions. Plans typically have a deductible, copays and coinsurance.

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Most Workers Make Bad Health Insurance Decisions

InterWest Insurance Services

The “Health Insurance Literacy Survey” by Healthcare.com found widespread misunderstanding about how copays and deductibles work, and what premiums and benefits are. Those poor choices can be costly in terms of the premiums they pay or what they pay in copays, coinsurance and deductibles out of pocket.

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Employers Wrestling with Covering Weight-Loss Drugs

InterWest Insurance Services

What employers and payers can do While employers cover the use of GLP-1 drugs as a treatment for diabetes, the story changes when covering them for treating obesity. What employers and payers can do While employers cover the use of GLP-1 drugs as a treatment for diabetes, the story changes when covering them for treating obesity.

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Digital Transformation: How Technology Improves the Employee Experience

Achievers

The only way to effectively engage in such a conversation is to listen closely to what an employee has to say. Digital feedback platforms make it possible to gain unprecedented insights into what matters to employees. Digital transformation is all about using technology to improve our daily lives. Onboarding new hires.

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More Providers Charging for Some Health Portal Services

InterWest Insurance Services

Those costs will be passed on to health plan enrollees — likely in the form of copays or coinsurance — and insurers. What will it cost? Often these portals will allow the health plan enrollee to ask their care team questions, and that’s when providers say they are not being paid for their time. Is a new trend starting?

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How out of pocket maximums affect enrollment

Benefit Resource Inc.

Here’s what your employees need to know about this term and why it matters for improving enrollment rates. After you spend this amount on deductibles, copayments, and coinsurance for in-network care and services, your health plan pays 100% of the costs of covered benefits.” One such term is out of pocket maximum.