Prime Advantage Blog

How to Achieve Impressive Healthcare Savings with Prime Advantage

Posted by Mike McDonald on Nov 10, 2017 7:59:32 AM

We’ll get right to the point: the Prime Advantage Healthcare Program is a unique—and exclusive—program that’s designed to lower the benefit costs for Prime Advantage Members and Suppliers, as well as reduce benefit administration time and improve employee health, productivity and retention.

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Topics: Healthcare

The Key to Saving on Healthcare is to Need It Less

Posted by Mike McDonald on Oct 3, 2017 2:46:33 PM

The rising cost of healthcare is putting a tight squeeze on businesses across the country. With the prices of doctor visits, procedures, prescriptions and overall care unlikely to come down anytime soon, it’s up to the individual companies to take measures to preserve their earnings. One way many businesses are doing this is by offering employee wellness programs. Wellness programs enhance physical and psychological health for employees which in turn, pays dividends back to the company. The better an employee feels, the more productive they will be. Better yet, the healthier a worker is, the less he or she will require medical care. And the less healthcare incidences employees have, the less premiums will rise from year to year.

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Topics: Healthcare

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 The current and outdated system has been in place for 30 years and is responsible for the cost of healthcare rising so high, that it severely cuts into employee paychecks and employer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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