The days of healthcare price secrecy are over! Self-insured employers were disappointed that implementation of the Affordable Care Act (ACA) did little to address healthcare costs. Today, years later, price transparency provides a meaningful cost-reduction opportunity.
Employers can now obtain their claims data, inclusive of both provider identity and price. You can also obtain provider-specific price data from public sources. Teus Health will partner with you to obtain data; identify fraud, waste, and abuse (FWA) and overpricing; hold your administrator and network accountable; and reduce healthcare costs.
Read more about the savings potential in “The Converging Forces of Healthcare Price Transparency: Self-Insured Employers Will Lead the Way to Cost Reductions” and “The Dawn of Self-Insured Transparency: Shining Light onto Fraud, Waste, Abuse, and Overpricing”.
Are you underwhelmed by the quarterly and annual reports produced by your health insurance broker, provider network, TPA/ASO contractor, PBM, and wellness and care management vendors? We are. We work for you to find specific actionable hot spots of over-pricing, ineffective interventions, fraud, waste, and abuse – the things that cause you to spend more than you should.