If your employees had to pay the full cost of their healthcare upfront and get reimbursed later, how many would still choose the most expensive option?
If they were spending their own money on healthcare services, how different do you think their choices would be?
When people spend their own money first, they ask about prices, compare options, and make informed decisions. It's basic consumer behavior that applies to everything from buying a car or TV to choosing a restaurant.
Except healthcare.
The System Works Backwards
Our healthcare system does the opposite. It hides costs until AFTER the service is delivered, then spreads the financial impact across the entire group through higher premiums.
This results in employees unknowingly driving up costs for themselves and their coworkers because they never see the price differences.
A $3,000 MRI and a $500 MRI for the same diagnostic image look identical to the patient. Both require the same copay.
When employees consistently choose higher-cost providers without knowing it, and without knowing they even have other options, claims costs rise and everyone's premiums increase.
What If They Had the Information?
High cost does not always equal better health care. What if employees had access to pricing and quality information before making appointments?
The healthcare marketplace would start functioning like every other market with informed consumers driving competition and value.
With Sympl Benefits, your employees gain access to a team of experts to help them find high-quality, low-cost care leading to:
Lower claims costs.
Reduced premiums.
Better coverage.
Benefits work when you make them Sympl!
Partner with Sympl Benefits
Ready to take the next step?
Sympl Benefits is proud to serve as your trusted employee health benefits consulting firm. To connect with our team of Symplifiers, give us a call or reach out online.