Mitigate Partners

Attention finance leaders. Which one are you?

Are you one of the 25% who say that your business can absorb rising health care costs? If so – good for you and your organization. We’d like to know what you’re doing.

Or are you in the 75% majority who realize that annual 6% growth in health plan premiums is unsustainable … and can’t continue to be covered by the employer sponsor at current cost growth rates?

Or are you unsure where you stand?

Here’s some quick math. If your company has 100 employees, you group health plan premiums have cost almost $500,000 MORE in total over the past three years.

Has your business continued to grow -even with these higher costs- or have you been challenged to drive sustained profit growth?

If you know those details -and if it’s not a good response- then you probably fall into the “75% majority” (whether you realize it or not).

Take a look at your group health plan. Not a knee-jerk action to simply replace it, but to really dig in and see where you have opportunities to create a plan that works better for your team and your business.

If you’re already doing that, then great. If your broker is already doing that, then hopefully it’s happening. And if you haven’t explored any of this – contact a Mitigate Partners advisor near you. We’re ready to help … just like we continue to do for happy clients across the nation.

Let's get started. Get Healthcare that Works.

Seeing clearly is important. Especially when you’re the window company and the only thing you’re “seeing clearly” is rising costs.

That’s what was happening at American Vision Windows (AVW). Rising costs in group health plans with a proposed 12.9% premium increase in their upcoming renewal.

Our friend and colleague Stephen Daniel helped them make a change to Healthcare that Works. Working together, Stephen and the AVW team built a plan that worked better for the business and for the employees too. (NOTE: They built the plan TOGETHER … that’s different than many situations where renewals are just a “take-it-or-leave-it” approach.)

And together, they accomplished the key goals, which included:

✅ Lowering overall costs - 21.7% lower premiums & $303,000+ lower costs

✅ Minimizing the impact to employees in terms of understanding benefits and access to the same care providers.

Truly a great success.

You can enjoy that type of partnership (and likely similar results too). It starts by contacting a Mitigate Partners advisor near you.

Get Healthcare that Works.

True story. A patient covered under a big carrier plan was offered a “self-pay” option for a routine test (vs. filing a claim with their insurance plan). $97 self-pay vs. estimated $146 out-of-pocket with plan benefits. The patient selected self-pay.

Fast forward – the patient recently received a statement for amounts due of $146 for the routine test PLUS a $50 co-pay. The medical office actually did file a claim against the plan. Countless phone calls, emails, and somewhat abrasive language from the medical billing office still has not resolved the error.

Here’s the question. How many times do YOUR EMPLOYEES have this experience?

Chances are the answer is … a lot.

Faced with what they think their big carrier plan will cover … and what it actually covers … and how they prefer to pay … are real (and likely) situations that your team faces when trying to use their benefits.

And when YOUR EMPLOYEES are distracted with these challenges … guess what happens?

Productivity declines. Satisfaction dwindles. Your organization’s results may suffer.

Our clients recognized these challenges and made a change to Healthcare that Works. Partially or completely self-funded plans. Direct Primary Care. Same doctors. Same hospitals. Better benefits.

And the best part of all? Lower costs.

That can be you. Contact a Mitigate Partners advisor near you.