Transparent Hospital Pricing Exposes Wild Fluctuation, Even Within Miles—DMV Area Edition
According to data from Payer Compass, which shows 2013-2015 data for overall ratios of charges to actual Medicare payment for all Medicare-certified hospitals, going to different hospitals close by in the region can result in very different bills., Because of Maryland’s partnership with the Centers for Medicare & Medicaid Services (CMS) between 2014-2016, “all-payer per capital total hospital revenue growth...
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Voluntary Benefits Can Be Part of Overall Financial Wellness Strategy
Does your organization offer voluntary benefits? How about a financial wellness program? Mercer's "Healthy, Wealthy and Work-Wise: The New Imperatives for Financial Security" survey found 79% of respondents trust their employers to help them with financial advice for retirement. As studies show the impact employees' financial stress has on their work lives, employers can no longer ignore the financial aspect of...
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HSA & Retirement Planning
A recent article in ThinkAdvisor highlighted results from a study finding few people are using Health Savings Accounts (HSA) as retirement savings tools. For years the Potomac team has educated employers and staff on the benefits of using HSAs as retirement investment accounts, for retirement medical expenses or retirement reimbursements. According to the LIMRA Secure Retirement Institute and Insured Retirement...
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