True Price Transparency means “No Surprises”

TALON defines healthcare “price transparency” to be accurate and easily accessible information intuitively presented on the price of health care services and items that helps define the value of those services, enabling patients and other healthcare cost stakeholders to identify, compare, and choose providers based on cost, quality, and convenience. It is important to note …

True Price Transparency means “No Surprises” Read More »

The Transparency in Coverage Rule and the No Surprises Act: A Millennial’s Perspective

The Transparency in Coverage Rule and the No Surprises Act, set to take effect on January 1, 2022, will have a momentous impact on employer-sponsored health insurance, in terms of cost, as well as consumer knowledge. These rules will impact millennials, in particular, because they speak to one of the key characteristics of this demographic—the …

The Transparency in Coverage Rule and the No Surprises Act: A Millennial’s Perspective Read More »

Five Steps to Increasing Employee Engagement with Transparency in Coverage

With the Transparency in Coverage Rule and No Surprises Act taking effect January 1, 2022, TPAs, ASOs, Insurers and employers of every kind should be focusing not just on meeting the requirements of the Rule and Act and avoiding fines of up to $100 per member per day, but also on increasing employee engagement with …

Five Steps to Increasing Employee Engagement with Transparency in Coverage Read More »

How Nostalgia is Misleading Employee Health Plans

Matthew McCormick, Director, Partner Sales Having spoken with and met hundreds, if not thousands, of employee benefit brokers, I’ve noticed a recurring, fundamental theme runs through our discussions: .. Many within the healthcare space have been led astray by nostalgia. Nostalgia is a beautiful word It brings back fond memories. It evokes a sense of …

How Nostalgia is Misleading Employee Health Plans Read More »

True Market Forces Will Soon Be Unleashed in Healthcare

In a matter of months, our healthcare system and the overall patient experience will change dramatically for the better. And most Americans don’t even realize it.  After decades of attempts to transform the healthcare system into a true market—one in which forces like competition between providers based on quality and pricing can bring prices down, it is finally happening. The …

True Market Forces Will Soon Be Unleashed in Healthcare Read More »

Building a Village: Why Fixing the Broken Healthcare System should also involve Human Resource Outsourcing organizations (HROs) and Professional Employer Organizations (PEOs)

By Amnon Gavish, EVP of Corporate Development & Strategy Due to the COVID-19 crisis, PEOs’ and HROs’ services are expected to expand beyond their traditional customer zones (See Oliver Wyman: The Potential New Normal in Insurance Products). As a result, they may also have an opportunity to play a major role in fixing our broken …

Building a Village: Why Fixing the Broken Healthcare System should also involve Human Resource Outsourcing organizations (HROs) and Professional Employer Organizations (PEOs) Read More »

Death by Complacency

By Matthew McCormick, Partnership Executive, MMS Analytics, Inc. As the pandemic known as COVID-19 came to the forefront of our daily lives, my mind, like many of yours, undoubtedly leapt towards “What are the consequences of this virus upon my career?” First and foremost, I am fortunate that, at the publishing of this blog, I …

Death by Complacency Read More »

Three key characteristics of a successful Employer Champion

By Shaylin McNally, Director of Customer Success So, your company has just rolled out this great new benefit (MyMedicalShopper!), and you’ve been assigned the role of Employer Champion. You might be thinking, why me? And that’s a great question. The simple answer: probably because we told them to. Not explicitly, of course. But this is …

Three key characteristics of a successful Employer Champion Read More »

Healthcare deductibles are not like golf—lower actually is NOT better!

By Mark Galvin, Co-Founder/CEO, MMS Analytics, Inc. If I agreed to give you $20,000 if you would agree to roll a pair of dice and give me back the number that came up x $1,150 (somewhere between $2,300 and $13,800), would you want to participate (and be guaranteed to make between $6,200 and $17,700)? If …

Healthcare deductibles are not like golf—lower actually is NOT better! Read More »