Prime Advantage Blog

Companies are Taking a New Approach to Healthcare Benefits

Posted by Mike McDonald on Sep 13, 2017 11:30:00 AM

Businesses across the country are changing the way they think about healthcare coverage and employee engagement. The current and outdated system has been in place for 30 years and is responsible for the cost of healthcare rising so high, that it severely cuts into employee paychecks and employer profits.

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Topics: Healthcare

What to Do About Rising Health Benefits Costs

Posted by Mike McDonald on Aug 29, 2017 12:22:14 PM

As the cost of healthcare continues to skyrocket amidst sustained uncertainty with possible legislation, companies are scrambling to find solutions to weaken the pain. One method many organizations are starting to employ to combat escalating premium prices is leverage. In any business or negotiation, leverage provides a competitive advantage.  In employer provided health insurance, the same principle applies. The larger your pool of employees, the greater your risk dispersion, enabling you to have the power to contain and drive down costs.

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Topics: Healthcare

U.S. Healthcare: Where Do We Go from Here?

Posted by Mike McDonald on Mar 29, 2017 2:45:00 PM

“You have to address behavior or you cannot reduce costs.” That was the overarching sentiment at the inaugural Prime Advantage Healthcare Summit, held in Washington, D.C. The Summit brought together healthcare legislation architects and experts, members of previous presidential administrations and transition teams, as well as business leaders in manufacturing, all for an inside look into healthcare policy and solutions to subjugate rising costs.

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Topics: Buying Groups and Group Purchasing Organizations, Healthcare

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