Why is financial transparency in health insurance important?
In many health insurance programs, employers often do not have access to the data that shows them the specific “buckets,” or areas, in which their health care dollars are being spent. Knowing the specifics of where the money is being spent, and why, is key to identifying and implementing solutions to drive down the overall cost of employee benefits, while continuing to provide quality and engaging benefits to plan members.
Tired of not having financial transparency with your current health insurance program? Contact us to find out how that is possible with the EHRC.