Rising healthcare costs spell trouble for both employees and your business. Managing multiple healthcare providers, confusing bills, and growing medical debt puts great financial stress on employees. In turn, employees become distracted, less productive, and absenteeism rises.
How do you help employees manage healthcare costs? Meet
Making Informed Healthcare Decisions Isn’t as Easy as You Might Think
Having healthcare coverage is a great benefit to employees; however, that doesn’t mean it’s easy to navigate. Whether visiting a physician for a routine physical, a sick visit, or more serious health conditions—patients have a myriad of decisions to make:
- Where should I go for a procedure or to get a prescription?
- Which provider is in-network?
- Can I go out of network?
- What are the costs for specialist services?
- How do I deal with billing mistakes?
- What if medical bills are piling up and I can’t manage the increasing debt?
Understanding healthcare options and making the right choices isn’t as easy as you might think, especially as costs continue to rise. Employees need time to research their options, then make informed decisions. This is distracting from important tasks on the job, which impacts productivity.
Modern technology has made it easier for employees to get personalized, detailed guidance with these healthcare decisions. A concierge-like service, HooPayz, offers an innovative way for employees to gain insight and control over their own healthcare costs and decisions.
A Unique Financial Wellness Tool That Saves Time and Money
HooPayz is an extension of your existing human resources team. This simple, affordable application streamlines the process for employees to understand and take full advantage of their available healthcare coverage. By making informed decisions, employees will be able to reduce out-of-pocket spending, thereby saving money and time when navigating the healthcare system. Here are several of the key functions and benefits of the HooPayz system:
- Price options: The price-checking feature provides information about healthcare choices. Employees receive fair, local prices for the services or prescriptions they may need.
- Physician and provider locator: Employees have access to the details regarding the available physicians and providers located within network. They can determine who is taking new patients, whether physicians are board certified, and review other options to choose the right physician or specialist.
- Billing support: Medical billing can be very confusing, which is distracting and concerning when an employee is trying to heal from injury or illness. HooPayz provides experts who understand medical billing and can verify costs, fix errors and help employees save money.
- Medical debt: Medical bills can add up quickly and bill collectors aren’t patient. Personal Advisors will help employees establish payment plans when needed and will represent your employees with healthcare systems or collectors. This support can take a lot of time and effort, not to mention concern, off your employees during a difficult time.
- Caregiver support and additional services: The HooPayz concierge service will help employees find caregiver support, resources or other care options. There are additional support services for mental health and addictive disorders, as well as detailed concierge services for executives.
Gain Insight and Control over Healthcare Costs with HooPayz
The healthcare setting can be complicated and costly for employees that don’t know or understand all of their options. It’s also difficult to make the right choices when under the pressure of serious injury or illness for the employee or a dependent. Having the support of experts and advisors can alleviate this burden, which is good for your employees and your business.
Modern technology, like HooPayz can streamline decision-making, reducing the time employees spend on researching healthcare options and making difficult decisions. Contact