Last April, we introduced Cure, our platform for employers to manage their healthcare plans. Our product included a marketplace for patients to look up doctors and hospitals (hereafter known as “providers”) based on price, wait time, review ratings, distance, and any information they would need to decide on where to…

The CMS projects healthcare expenses will rise by 5.5 percent a year for the next decade. What does this mean for you and your business? For the purposes of simplicity, suppose you own a stable business with 100 employees, each requiring $10,000 on healthcare a year. …

Terms and conditions? Who would ever read those? As it turns out, however, it’s imperative that you understand what is in your insurer’s fine print. To start off, we must note that this can vary depending on your health insurer and plan. The most important part of health insurance is…

How does self-insurance differ from traditional insurance? In traditional group health insurance, employers pay a monthly fee — a premium — to an insurance company. Ideally, the insurance company will then cover the healthcare costs incurred by the employees of the business. In self-insured plans, commonly referred to as self-funded…

The main five factors that affect your health insurance premium are location, age, tobacco use, plan category, and plan dependents. Let’s break down each factor. Location Different municipal and state laws will affect your health insurance premium in your area, also just like how rent changes by location your health…

Every Day is Black Friday: Why Paying Cash Leads to Enormous Savings In Healthcare Why is healthcare so expensive in the United States? It’s the question that no one seems to be able to answer. Every year, healthcare costs increase by 5–10%, its march seemingly unstoppable. Politicians have made law…

Mergers and acquisitions play a large role in most industries, and healthcare is no exception. Between April and June of this past year, there were an estimated 14 mergers between health systems (HFMA 2020), and that figure represented a low point in M&A activity for the past four years. …

To understand why health insurance costs are going up we must look at healthcare costs overall. The US spent almost $11,000 per person on health care in 2017 and if historical data holds true that number will be at $17,000 per person by 2027. But why? …