Our ‘Critical Care 5-Point Solution’ Cost Savings Program for Self-Insured Companies
Restora Health’s ‘Critical Care 5 Point Solution’ Saves Approximately $1.5 Million for Every 1,000 Employees / Year *
Health Care for Business Is A Serious Challenge. It’s no secret, Healthcare Insurance costs for employers and employees is outpacing inflation and wage increases with no foreseeable end in sight.
- From 1999 to 2018 employer-sponsored insurance premiums have increased from $6,000 to $18,700.
- Out-of-pocket expenses have increased more than 53% for the same period.
- In addition to higher co-pays and deductibles, employers are pressured to take a bigger cut of their employees’ wages to pay for insurance premiums.
- The current inflation rate (June 2019) is at a miniscule 1.7%, yet the rise in healthcare costs is 5.5%. Healthcare costs are increasing 323% faster than inflation!
- Wages increased an average of 2.9% from March 2018 to March 2019. Thus, Healthcare costs still outpaced wages by 89%.
This rising cost of care creates an unsustainable burden on both businesses affecting their bottom line and means for growth, and families in the form of foregone wages, lower contributions to retirement savings accounts and higher out-of-pocket expenses.
Restora Health provides a dramatic solution.
A collaboration using one, two, three, or four provider networks together with our Trademarked HUP™ (High Utilization Process) provides a dramatic cost-control solution that penetrates into 50% or more of your total healthcare spend:
- Transparency services with high utilization incentives that dramatically lowers out-patient expenses for outpatient services such as imaging, labs, urgent care and procedures. Typically lowers costs $750,000+ per every 1,000 employees.
- MDLive telemedicine—Redirects visits away from ER, urgent care and clinical visits to save $517 / call.
- Rx Valet—Helps save on drug costs and diabetic supplies with cloud technology, international pharmacy, home delivery and more.
- Aetna Dental Discount –Insurance alternative that has no deductible and no upper limit yet saves an average of 43% off regular prices with no co-pay or deductible or upper limit.
- HUP™ Because it’s useless if no-one uses it. So, we have developed our own proprietary ‘Playbook’ that gets utilization rates up to 56% and above! It works!
The 5-Point Healthcare Savings Collaboration results in 10%-15% savings on total corporate healthcare costs.
That translates to $1,000,000 to 1,500,000 in savings for every 1,000 employees!
Call today to make an appointment for a simple phone conversation to see how we can make such a (documented) claim.
* Case Studies Below