Health insurance premiums go up every year and employees are now sharing more of the cost than ever, in the form of higher premiums, higher coinsurance, and higher deductibles. Bloomberg and Kaiser have the data to show that in terms of the percentage taken out of the employees’ paycheck, health care is becoming more of a burden. And higher deductibles are finding one in four people at large employers spending upwards of $1,000/year out-of-pocket (and one in 10, more than $2,000/year).
We at Brighton Health Plan Solutions recognize the need for increased efficiencies in health care. That’s why we developed Create®, a marketplace where health systems compete to provide the best care at lower cost. Injecting competition into health care presents an alternative solution—it drives prices down and quality up.
This new model yields cost savings to employees from day one, meaning people can better afford health care when they need it. Create health plans simultaneously help employers, by enabling them to offer employees an attractive health plan at lower cost. Create also benefits the competing health systems – because they keep a family’s health plan dollars – and loyalty – throughout the plan year. Learn more about this new approach at createhealthplans.com.