Tiered Health Care Benefits - A Money Saver

It's a pretty straightforward program wherehaving the dreaded higher premiums.
employees are offered and encouraged to useThe other spectacular point of interest about the
the designated doctors who meet certainPremium program is that it acts as an educational
cost-efficient and quality standards. This allowstool for those who "opt-in" by showing them the
employers to offer workers competitive benefitsreal costs associated with health care coverage.
with higher incentives. For instance, workers whoThis is something not a lot of people realize, as
take advantage of the Premium program maythey have been insulated for so long from the
opt for lower co-pay and co-insurance levels, butbilling process. In addition, many health care
still get and enjoy quality health care.providers do not choose to share the actual costs
Employers get to choose from an a la carte typeof services with the public.
menu that lets them know in advance how muchWhat are the benefits of increased health care
to budget for their plan contributions. For example,consumer knowledge? It's a shift in attitude and
there are choices for emergency room co-paypatient behavior in how they utilize the health care
ranging from $100 to $150; urgent co-pay at $50;system, a change that is long overdue. The
and preventive care at 100 percent (not subjectbenefits for the employer are also long-term
to co-pay).health care savings.
The Premium program was developed inHere is how the program works - the nuts and
response to some amazing and somewhatbolts of it. Doctors and facilities are recognized
depressing statistics - those stats being thatwith stars - much like a hotel is starred for its
roughly one-half of all the patients needing medicalservices - for following national guidelines for cost
care actually get care that meets national medicalefficient and quality care. Doctors that meet both
standards.criteria get two stars. Others who meet quality
Other attractive features the employer maystandards are awarded one star. It's pretty easy
choose to offer are a family deductible at twiceto look for the stars to find a physician you want
the individual rate, as well as a familyto visit.
out-of-pocket maximum of twice the individualThese stars aren't just handed out at random.
rate, and a lifetime maximum of $5 million. ThereThey are handed out based on evaluations by
are other options an employer may choose from,The American College of Cardiology, The
but suffice it to say that it's a flexible program. ItAmbulatory Care Quality Alliance, and The
has lots of potential to be a leader in theAgency for Healthcare Research and Quality.
workforce offering competitive benefits without