Taking Control of Medical and Prescription Claim Costs with Personalized Advocacy
How Two Companies Lowered Healthcare Costs Across Their Entire Employee Populations
Many employers are exploring innovative strategies designed to rein in unsustainable healthcare costs while improving the employee experience. An emerging alternative to high-deductible plans is personalized advocacy, which helps individuals and families navigate and optimize their use of healthcare.
Accolade Chief Actuary Carolyn Young and Matt Eurey, senior vice president of business development for Accolade, recently spoke on a CFO.com webcast webcast about the many ways personalized advocacy can improve health and financial outcomes. They discussed:
- The positive impact of personalized advocacy on employer costs.
- How personalized advocacy affects employer medical and prescription claims costs over time.
- Why a whole-population, whole-person approach to employee healthcare is critical to controlling costs and bending the medical cost trend.
- How employers can avoid placing more cost burdens on employees and improve their healthcare experience.
Your employees want to be empowered to make better decisions in an increasingly complex healthcare environment. To do that, they need access to a personalized service that helps them understand all their care options.