Managing Catastrophic Care and Cost

11-12 EST, July 26th, 2023

The incidence rates of cases over $1M have increased 45% over the last 4 years according to a recent report from Sun Life. The threat of higher cost cases looms as new therapies are brought to market. What can and should employers do to protect their budgets? Did you know that many carriers pay for catastrophic care as a percentage of billed charges? But who is auditing to make sure those billed rates, or the services are appropriate? Certainly, there are advances in healthcare that everyone wants to enjoy. Employers need to make sure their monies are not wasted so they can afford to support their people.