The healthcare system is extremely complex for everyone. Even those who are in the healthcare or insurance industry, like myself.
Everyone knows they should be saving more. According to most financial advisors, Americans should be targeting a breakdown that looks something like this:
At TouchCare, we often cite the absence of Primary Care Attribution, often associated with preventive care, as an important driver of medical spending for our customers. We took a closer look at some of our own data to prove the correlation between Primary Care Attribution and lower healthcare cost.
In our first part of the series, we discussed what Primary Care Attribution was and why it matters.
In July of 2017, I reached out to one of my favorite past colleagues to congratulate him on his updated LinkedIn profile status…Not fully understanding what his new position entailed, beyond the title “CEO”, I was greeted with an excited and eager (familiar) voice, describing a company and service that sounded like a dream to this working wife and mother.
It’s that time of year again when we are overloaded with so much information we don’t know if we are coming or going! Open enrollment season is upon us, and whether you are unsure on what your plan options mean to your specific situation or need to make sure your doctors are still in network, TouchCare is there to help you!
Look up “engagement” in the dictionary and the definition you’ll get will be something along the lines of “participation and becoming involved with, or establishing meaningful contact or connection with something” as the lead definition. Look a little further down the page and you’ll get another take: “a fight or battle between armed forces.” When it comes to engagement in the healthcare system, a daunting and complex world with little to no price transparency for services rendered, it’s unfortunate that our experience is often more like the latter than the former.
Healthcare is complicated. Possibly the most under understated comment in history. Health insurance is required. The ACA tells employers they must offer health insurance to their employees. Further, if companies want to be able to attract and retain top talent, they must offer competitive plans.
“Consumerism” gets thrown around a lot by the payers, entrepreneurs, brokers and anyone trying to address healthcare members present and future concerns. But what does consumerism really mean?