How Are Employers Reducing Healthcare Costs?

Healthcare is a standard employee benefit, but lately, it’s getting more expensive by the month. Recent studies reveal that per-employee healthcare costs are expected to rise 5% in 2018, averaging $14,156 compared to this year’s $13,482. To this end, employers are turning to alternative methods of reducing healthcare costs to make ends meet and maintain employee […]

Specialty Care Management and Phia Group Announce Strategic Partnership

LAHASKA, PA – Specialty Care Management, LLC (“SCM”), the premier source of innovative catastrophic claim cost containment services, is pleased to announce that it has formally developed a strategic alliance with The Phia Group, LCC.  The Phia Group is the self-funded industry’s most acclaimed provider of plan support services, including plan document products, claim recoupment, […]

President-Elect Donald Trump, Healthcare, and Self-Funding

The recent presidential race has left a sour taste in many a mouth. Even the winners, who saw their underdog candidate defy the odds, were left to cope with the after effects of bitter animosity spawned by the polarizing 2016 presidential election. Now, all Americans must look to the future with President-elect Donald Trump at […]

Understanding Why Dialysis Treatments Are So Expensive

Dialysis is an essential treatment for anyone suffering from end-stage renal disease (ESRD), also known as complete kidney failure. Unfortunately, the treatments are outrageously expensive. It’s a good thing, then, that Medicare and Medicaid cover dialysis treatments, as do many insurance policies. Right? The real problem is Medicare and Medicaid are able to limit the […]

A Multi-Year Focus on Cost Savings Vs Trend

Most employers have their employees’ best interests at heart. After all, when employees feel that a company takes care of them, they’re more likely to be invested in their jobs and exhibit high levels of productivity. One way many employers keep their workers happy is by offering benefits in addition to competitive salaries. With the […]