As we approach the end of 2017, what do you have planned to close the year out strong? Have you decided how you can best evaluate your medical spend of 2017? Have you considered ways to lower your costs in 2018? One unintended consequence of self-insuring is that claims payers have no financial incentive to … Read more
Each year, self-insured employers pour a great deal of time and energy into creating the best benefit plan for their employees. They carefully review and compare benefit packages, consider costs and expectations, enroll employees, and communicate changes. If you have been part of the process, you may feel like it is time to put it … Read more
Modern Healthcare recently reported that a new survey shows health system executives’ and physicians’ trust in health insurers has sunk to an all-time low. The annual survey measures trust based on how honest, reliable, and fair health system executives, physicians, and consumers consider health insurers. What effect will this lack of trust have on employers who … Read more
Labor Day has come to symbolize the official end of summer, with family gatherings, final trips to the beach, and the wafting aroma of BBQ on the grill. It’s also a time to start thinking about fiscal planning for the next year. Labor Day began as a yearly, national tribute to the contributions workers had … Read more
Sometimes self-insured employers are unaware of the fine print buried in the service agreements they sign with their third-party administrators (TPAs). That fine print can leave them vulnerable to costly mistakes. Recently, Healthcare Horizons worked with a local county government. The contract limited the county to conducting only random sample audits of their healthcare claims. … Read more
Memorial Day is a nationwide day of remembrance for those who have died in service of the United States of America. While the practice of decorating soldiers’ graves with flowers is an old custom, a more formalized Memorial Day was borne out of the Civil War and a desire to honor the more than 600,000 … Read more
Safeguarding our patients’ electronic protected information (ePHI) is of the utmost important to us, which is why we work with Sword & Shield Enterprise Security to ensure that Healthcare Horizons stays up-to-date with the ever-changing landscape of HIPAA compliance. We are pleased to share our most recent Certificate of Attestation through Sword & Shield’s HIPAA … Read more
Interviewer: Randy King is the president of Healthcare Horizons Consulting Group. Randy, what is Healthcare Horizons and why do organizations choose your firm to help them? Randy King: At Healthcare Horizons, we focus exclusively on providing healthcare claim audits for self-insured employers. Self-insured employers are directly at risk for their medical dollars. For example, when … Read more
Healthcare Horizons’ President Randy King offered Employee Benefit News his thoughts on how to control the out-of-control costs associated with air ambulances and planes. Four cost-saving suggestions are provided in the February article, including tips on how to negotiate better rates for emergency air travel support. Click here to read the full article on Employee … Read more
All of us at Healthcare Horizons hope 2016 has been a memorable year for you, your colleagues, and your loved ones. Thank you for giving us the opportunity to do what we do best. Our specialty, of course, is helping companies that self-fund all or part of their healthcare programs. In recent months, some of … Read more