In the current, highly competitive job market with its low unemployment numbers, the last thing you want to do is cut employee benefits to save money. So how do you meet your CEO’s cost savings goals without dinging your ability to attract and retain the best employees?
According to Employee Benefit News, 81 percent of employees who can easily access their benefits said they feel loyal to their employer and see themselves working for these employers for the foreseeable future. Healthcare benefits rank highly in the list of benefits that employers provide. However, they are also one of the most expensive.
There is a way to save money on the healthcare spend without cutting benefits. With a typical error rate of 1 to 3 percent of annual medical spend, a cost that self-insured employers must cover out of their own pockets, audits will return money to the employers’ bottom lines. What are you waiting for?
Cure the Benefits Blues by performing an annual, 100% Difference comprehensive audit on healthcare claims, which can uncover thousands of dollars (or more) that can be recovered for the self-funded employer.
Every Claim. Every Possible Dollar.
To learn more about our approach to healthcare claims auditing, visit Healthcare Horizons or contact us at hhadmin@healthcarehorizons.com to discuss a free healthcare claims audit assessment.
Randy King is president of Healthcare Horizons Consulting Group, Inc. – performing healthcare claims audits since 1999. Trusted partner. Uncompromising accuracy. Superior personal service. Recovering millions of dollars for some of the world’s largest employers.