Events That Might Make an Employer Consider Self Funding as a Better Healthcare Option for their Employees
Blue Cross / Blue Shield Involved in Anti-Trust Lawsuit & Accused of Reducing Doctors Pay
'The Alabama litigation includes two major consolidated antitrust lawsuits, one brought by health-care providers and the other by certain Blue insurer customers. The suits allege that the insurers are illegally conspiring to divvy up markets and avoid competing against one another, driving up customers’ prices and pushing down the amounts paid to doctors and other health-care providers.''' --Wall Street Journal
HealthyAssets.org: As the head of a company you want to make sure the expenses that you and your employees pay into a healthcare plan is actually beneficial to you all and not wasteful.
Questions for you to consider:
If I were to purchase healthcare from one of the Blues in these 2 different lawsuits.
Are my employees premiums just providing padding for the Blue's extra profits?
What if one of my employees can get a high quality service at a price that just might be lower than Blue's copay for the same service? (1)
Do these Blues plans even offer a wide variety of doctors for my employees to choose from based on their health needs?
HealthyAssets.org: As the head of a company you want to make sure the expenses that you and your employees pay into a healthcare plan is actually beneficial to you all and not wasteful.
Questions for you to consider:
If I were to purchase healthcare from one of the Blues in these 2 different lawsuits.
Are my employees premiums just providing padding for the Blue's extra profits?
What if one of my employees can get a high quality service at a price that just might be lower than Blue's copay for the same service? (1)
Do these Blues plans even offer a wide variety of doctors for my employees to choose from based on their health needs?