Rising health care costs are on everyone’s mind these days, and like it or not, your employees are feeling it too. It doesn’t help that medical bills and insurance company requirements can feel tricky to navigate. We believe nobody should need an advanced degree to know how to spend their health care dollars wisely. That’s why today, we’re sharing a few tips you can pass along to your employees to help them get the right care without breaking the bank.
Making smart health care choices
You want your employees to be able to get the right care at the right time, without breaking the bank. So, it’s important to communicate ways for them to get the care they need in the most cost-effective way possible.
Three simple cost savings measures you should consider communicating to your employees include:
- Stick to your health plan’s guidelines – choose an in-network practitioner and opt for generic drugs on your plan’s preferred list
- Visit your primary care physician or an urgent care clinic for non-emergency care instead of the emergency room
- Compare costs through a transparency tool before getting a non-emergency medical procedure like an MRI
Well visits: good for the body – and the wallet
The Affordable Care Act requires insurance companies to provide certain age and gender appropriate preventive health care services to individuals at no cost. Encouraging your employees to take advantage of preventive well visits can help keep them healthy today and prevent or treat conditions before they become serious and expensive health issues down the road. You can help your employees stay healthy – and control cost – by encouraging them to be proactive about their health.
There’s a lot of buzz right now around employee wellness programs and how they can help your employees stay healthy, engaged, and productive at work. What’s more, wellness programs can encourage employees to be smarter about their health care spending, too.
Fidelity Health Marketplace lets employers offer a couple of different services that can help employees stay well, physically and financially. Maxim Health SystemsTM helps employees stay on top of their health and wellness needs at work – and save money by getting care like flu shots and biometric screenings at a free or subsidized cost. Check out a blog post on Maxim Health to learn more about them. We also allow employers to offer The StayFit® Plan, a health and well-being portal that can help your employees reach and maintain their health goals. Even better, StayFit lets employees visualize how health habits affect wealth – and how to make small changes that can add up to big savings.
Adopting these measures can go a long way toward helping your employees protect their health and financial wellness. Seem like a lot to manage? Contact us today and learn how we can help you and your employees manage rising health care costs.