Center for the Study of Child Care Employment, UC Berkeley’s Post

October is #HealthLiteracyMonth! 90% of Americans struggle with health literacy, with people from racial and ethnic minority groups, those with lower income or education, older Americans, and non-native English speakers feeling the biggest impact. Limited health literacy makes informed health decisions more difficult and expands health inequities. The Coverage to Care (C2C) initiative is aimed to improve health literacy and help patients understand their coverage. Learn more about it here: https://lnkd.in/eeWNvYBr

Wow! It's crazy to think that fall is just around the corner. Fall brings us cooler temperatures and open enrollment season for the marketplace and employers' health plans. We can help with both. This article can help you prepare for the 2024 open enrollment season. https://lnkd.in/gJw3DdXJ

As health insurance brokers, understanding the nuances of provider networks in different plan types is crucial. Let's dive into how networks typically differ between level funded and fully insured health plans: Fully insured plans often feature extensive provider networks, giving employees a wide range of choices. However, this broad coverage can come at a premium cost. On the other hand, level funded plans offer more flexibility in network design. Level funded plans can be customized to meet specific employer needs. Some level funded plans rival traditional plans in network size, while others opt for more focused networks. This customization allows employers to: 1. Target specific geographic areas where employees live and work 2. Include high-quality, cost-effective providers 3. Negotiate better rates with a select group of providers The result? Potentially lower costs without compromising on quality care. Moreover, level funded plans can adapt more quickly to changing workforce needs or market conditions. It's important to note that narrower networks aren't always a disadvantage. They can lead to better care coordination and more efficient healthcare utilization. The key is finding the right balance for each client. As brokers, our role is to help employers understand these differences and choose the plan that best fits their needs. Want to learn more about optimizing provider networks in level funded plans? Let's talk 1 on 1 to get all your questions answered - click here to set up a call: https://lnkd.in/gFi4URqc #NavigationHealth #LevelFunded #HealthcareCosts #BrokerTips

For many, open enrollment season is here! It’s your opportunity to choose new health coverage, update your existing plan, or switch plans for the upcoming year. Avoid these top three common mistakes while choosing your 2025 coverage. #OpenEnrollment

As health insurance brokers, understanding the nuances of provider networks in different plan types is crucial. Let's dive into how networks typically differ between level funded and fully insured health plans: Fully insured plans often feature extensive provider networks, giving employees a wide range of choices. However, this broad coverage can come at a premium cost. On the other hand, level funded plans offer more flexibility in network design. Level funded plans can be customized to meet specific employer needs. Some level funded plans rival traditional plans in network size, while others opt for more focused networks. This customization allows employers to: 1. Target specific geographic areas where employees live and work 2. Include high-quality, cost-effective providers 3. Negotiate better rates with a select group of providers The result? Potentially lower costs without compromising on quality care. Moreover, level funded plans can adapt more quickly to changing workforce needs or market conditions. It's important to note that narrower networks aren't always a disadvantage. They can lead to better care coordination and more efficient healthcare utilization. The key is finding the right balance for each client. As brokers, our role is to help employers understand these differences and choose the plan that best fits their needs. Want to learn more about optimizing provider networks in level funded plans? Let's talk 1 on 1 to get all your questions answered - click here to set up a call: https://lnkd.in/gFi4URqc #NavigationHealth #LevelFunded #HealthcareCosts #BrokerTips

For many, open enrollment season is here! It’s your opportunity to choose new health coverage, update your existing plan, or switch plans for the upcoming year. Avoid these top three common mistakes while choosing your 2025 coverage. #OpenEnrollment

For many, open enrollment season is here! It’s your opportunity to choose new health coverage, update your existing plan, or switch plans for the upcoming year. Avoid these top three common mistakes while choosing your 2025 coverage. #OpenEnrollment

As health insurance brokers, understanding the nuances of provider networks in different plan types is crucial. Let's dive into how networks typically differ between level funded and fully insured health plans: Fully insured plans often feature extensive provider networks, giving employees a wide range of choices. However, this broad coverage can come at a premium cost. On the other hand, level funded plans offer more flexibility in network design. Level funded plans can be customized to meet specific employer needs. Some level funded plans rival traditional plans in network size, while others opt for more focused networks. This customization allows employers to: 1. Target specific geographic areas where employees live and work 2. Include high-quality, cost-effective providers 3. Negotiate better rates with a select group of providers The result? Potentially lower costs without compromising on quality care. Moreover, level funded plans can adapt more quickly to changing workforce needs or market conditions. It's important to note that narrower networks aren't always a disadvantage. They can lead to better care coordination and more efficient healthcare utilization. The key is finding the right balance for each client. As brokers, our role is to help employers understand these differences and choose the plan that best fits their needs. Want to learn more about optimizing provider networks in level funded plans? Let's talk 1 on 1 to get all your questions answered - click here to set up a call: https://lnkd.in/gFi4URqc #NavigationHealth #LevelFunded #HealthcareCosts #BrokerTips

For many, open enrollment season is here! It’s your opportunity to choose new health coverage, update your existing plan, or switch plans for the upcoming year. Avoid these top three common mistakes while choosing your 2025 coverage. #OpenEnrollment