Cost reduction in healthcare is what we do best
Companies that self-fund their healthcare plans are feeling the pain.
PRICEMDS COST Reduction
Self-insured companies are growing.
Healthcare plans are seen as a valuable benefit by the employees. The ever increasing cost has a major impact on a company’s bottom line.
The number of companies with partially or completely self-insured plans is growing.
Number of employees in self-insured companies.
PRICEMDS COST REDUCTION
High healthcare costs continue to rise.
Companies implement a variety of "cost containment strategies" to hold down costs.
Generally, cost-containment strategies involve narrowing choices, or offloading increased costs to either plan members or service providers, both of whom are reluctant participants in the process.
Result; the problem of high healthcare costs does not get solved and plan costs continue to increase, forcing administrators to implement the strategy of last resort: passing the costs to the employees.
PriceMDs offers two solutions that drive significant savings.
We’ve learned to do one thing very well: To provide a mutually beneficial link between providers of high-cost services, and the self-funded plans who pay for them – in a way that is cost-efficient, dependable, convenient, and hassle free.
