Evolution Healthcare

Knowledge Center

See Ya Later Medical Debt! How the Medical Debt Relief Act Will Impact Brokers and Clients

September 13, 2022

Did you know that medical debt is the most common collection type on consumer credit reports? According to the Consumer Financial Protection Bureau, medical debt made up 58% of all collections tradelines in Q1 2021. Total consumer medical debt is estimated to be anywhere from $81 billion to $140 billion, with up to 35% of American adults carrying some form of medical debt. More debt means fewer people seeking medical care, which negatively impacts everyone….
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The Four Biggest Hidden Healthcare Fees That Could Be Killing Your Business

August 23, 2022

We’ve written before about the 25% secret margin that major insurance carriers build into all of their insurance plans to make up for possible overages in your claims coverage, but that piece of fluff is only the tip of the iceberg when it comes to hidden healthcare fees. The reality is that every day you and your employees are probably paying a lot more money for healthcare than is strictly necessary—and you probably don’t even realize it….
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Four Ways to Turn Health Insurance from a Cost Center to a Growth Driver

July 1, 2022

If you’re like most employers we work with, you’re wasting company profits on over-inflated insurance premiums. Are you paying for health insurance – or are you investing in it? There’s a big difference between the two. And that difference could make or break your business.

Our new whitepaper will help you stop wasting your profits and turn your health care plan to your advantage.

You’ll learn how to:

  • Start looking at your benefits differently
  • Stop paying ridiculous margins on your healthcare premiums and spend only what is necessary
  • Demand more information from your insurance company to better control your healthcare spend
  • Create a plan that will not only bring your employees back to work but make them happy to be there!

If you’re trying to figure out how to get people back to work, we can help. Provide your information below to download the white paper.

Download White Paper

How to Keep Creeping Healthcare Costs from Destroying Your Business

June 16, 2022

In March 2022 the U.S. inflation rate was 8.5%, the highest it’s been since 1981. Meanwhile, health insurance premiums increased yet again in 2022, and prescription drug prices rose 5% on average this year.

All these factors are creating enormous financial pressure on you as a CEO. You’re already concerned about employee turnover thanks to the Great Resignation, adapting to changing circumstances due in large part to COVID-19, reducing costs without sacrificing quality, and satisfying the demands of your board. You’re thinking about digitizing your operations and getting people back into the office.

In other words, you have a lot on your plate. You certainly don’t need creeping health insurance costs keeping you awake at night, threatening to destroy what you’ve worked so hard to build. And yet, here we are, with 72% of CEOs worried about losing their jobs this year….
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