Inflation Impacts Healthcare Costs and Self-Insured Benefit Plans

The impact of inflation on the broader economy will likely lead to rising healthcare claim costs in an already inflated high price market. Carbon Stop Loss Solutions’ Director of Cost Containment Jakki Lynch shares expert perspective with The Self-Insurer on how plan sponsors can manage expenses, reduce waste and maintain access to care.

“Analyzing high dollar claims requires specialized expertise and resources, but health plan sponsors may not have the staff, time or experience to identify and construct the clinical, network and coding nuances inherent to complex claims,” she says. “With the right program, plan sponsors can experience savings yields of 10% to 30% of payable charges on top of the contracted rate and supported by settlement with providers.”

Read the full article here.