Chronic disease is no longer just an issue for the elderly—its growing prevalence among working-age Americans is forcing self-insured employers to rethink their cost management strategies. To combat rising healthcare expenses, Jakki L., Director of Cost Containment of Carbon Stop Loss Solutions (formerly Sequoia Reinsurance), emphasizes the need for a multifaceted approach that includes claim payment integrity, preventative care programs and strategic contracting in this month’s issue of The Self Insurer from Self-Insurance Institute of America, Inc. Read the full story here: https://lnkd.in/eD2edw88 #strongerbydesign #medicalbilling #paymentintegrity #theselfInsurer #managedcare #employerstoploss #stoploss
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Over the past year or so, one of my areas of focus has been to enhance our customer's Supplemental Health Claims Experience. It is so rewarding to see this important work come to life! However, the work is far from done. There are still so many great things yet to come! #SupplementalHealth #AccidentInsurance #HospitalIndemnityInsurance #CriticalIllnessInsurance #VoluntaryInsuarnce
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Speed, simplicity, and responsiveness -- Lincoln Financial's enhanced supplemental health claims process helps employees focus on recovery, not paperwork. Learn more about our innovative and integrated process: https://lnkd.in/e_wu76Jg #VoluntaryInsurance #SupplementalHealth #AccidentInsurance #CriticalIllnessInsurance #HospitalIndemnityInsurance #EmployeeBenefits
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Speed, simplicity, and responsiveness -- Lincoln Financial's enhanced supplemental health claims process helps employees focus on recovery, not paperwork. Learn more about our innovative and integrated process: https://lnkd.in/e_wu76Jg #VoluntaryInsurance #SupplementalHealth #AccidentInsurance #CriticalIllnessInsurance #HospitalIndemnityInsurance #EmployeeBenefits
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Distrust of healthcare organizations rose during the pandemic – and this trend seems to be here to stay. In this short video, Joseph Washington, Underwriting Manager, discusses how hospitals are currently dealing with what is commonly known as social inflation, and how our broad and expert perspective on the current claims landscape can help healthcare organisations mitigate these risks. Learn more about how our Hospital Professional Liability team can help: https://lnkd.in/eMYGD7SM #Beazley #HealthcareInsurance
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💊41% of adults have debt from health care treatment. 💊1 in 12 adults have unpaid medical bills 💊Medical debt is most concentrated among individuals with chronic conditions, such as diabetes, heart disease and cancer. 💊 A large portion of those with medical debt have insurance coverage High Deductible Health Plans can't drive consumerism if members don't have access to the data they need to choose high quality and low cost providers. Ensuring price transparency in health care costs is essential to driving down costs for both the employer and the members. #employeebenefits #healthcareconsumerism #medicaldebt ------------------------------------------------------------------------------------ Alera Group is one of the top Employee Benefits Consulting firms in the country. DM me "TRANSPARENCY" for an initial consultation and review of your employee benefits program.
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Distrust of healthcare organizations rose during the pandemic – and this trend seems to be here to stay. In this short video, Joseph Washington, Underwriting Manager, discusses how hospitals are currently dealing with what is commonly known as social inflation, and how our broad and expert perspective on the current claims landscape can help healthcare organisations mitigate these risks. Learn more about how our Hospital Professional Liability team can help: https://ow.ly/wxMP50Sq0C4 #Beazley #HealthcareInsurance
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Distrust of healthcare organizations rose during the pandemic – and this trend seems to be here to stay. In this short video, Joseph Washington, Underwriting Manager, discusses how hospitals are currently dealing with what is commonly known as social inflation, and how our broad and expert perspective on the current claims landscape can help healthcare organisations mitigate these risks. Learn more about how our Hospital Professional Liability team can help: https://lnkd.in/eDjVSBHC #Beazley #HealthcareInsurance
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THE PROBLEM: Few (if any) employers have the size, resources or focus to address rapidly escalating high-cost claims. Since 2016, the number of health plan members with claims $3M+ has doubled, heightening sustainability concerns. Elimination of annual and lifetime maximums through the Affordable Care Act and the dysfunction of the reinsurance market has made this a top priority for every employer, purchaser and market. It's time to rethink how we mitigate #highcostclaims: https://lnkd.in/eRei66BR
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Watch the video to learn more: https://lnkd.in/eAzSY2m8 Details, paperwork, and deadlines can be overwhelming for individuals dealing with injuries, illness, or hospitalization. Lincoln understands the importance of focusing on recovery. Our enhanced supplemental health claims process empowers employees to prioritize their well-being. #VoluntaryInsurance #SupplementalHealth #AccidentInsurance #CriticalIllnessInsurance #HospitalIndemnityInsurance #EmployeeBenefits
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Certain exclusions mean no payout will be made if you pass due to: 1. Travel to high-risk countries: If you visit dangerous places listed by the insurer 2. Suicide: If you take your own life within a specified period after getting the policy 3. Crime by a beneficiary: If the person set to receive the payout is involved in your death 4. Undeclared medical conditions: If you fail to disclose serious health issues when applying for the policy #100daysofinsurance #lifeinsurance
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Despite employer-provided health care benefits, many employees face crippling medical debt. Our latest article explores this issue and offers solutions to support employee financial health. #EmployeeWellness #Healthcare https://lnkd.in/gpAWcMfh
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