Cost and quality—they’re always related right? Well, usually. Sometimes we buy the cheaper good or service when we’re looking to save money, understanding the trade off is often quality. We might buy a hamburger at a fast food joint for $2 instead of spending $10 at the local pub. The same goes when we’re buying […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2017-10-01 14:30:142019-03-27 14:51:06Cost, quality, and your healthcare—a story about relationships
In my travels, I ask many community and business leaders if their health insurance plans include a health savings account (HSA). “Yes, I think so” is the most common answer I get, but that is quickly followed by “that’s the thing where we have to predict what our out-of-pocket spending might be for the year […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2017-06-06 15:34:302019-03-27 16:07:38Don't really know what a health savings account is? Then you're way overdue to fire your broker!
Since their creation as “tax-advantaged” accounts by Congress in 2003, the prevalence of health savings accounts (HSA) has been growing steadily despite the reality that the health insurance industry doesn’t like them. Even with the industry floating “Fear, Uncertainty and Doubt” (a.k.a. FUD-factor), consumers are starting to see the light when it comes to high […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2017-04-02 15:44:572019-03-27 15:58:40Don't have an HSA? Here's why you need one.
While many factors may be contributing to the lack of salary increases in America, have you considered that one of the biggest culprits might be the rising cost of healthcare? In the past decade alone, health insurance premiums for families have risen 73%, dramatically outpacing increases in family income (read more here about the study […]
https://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.png00Christopherhttps://mmsanalytics.com/wp-content/uploads/2019/06/MMS_Single_with_Slogan_600.pngChristopher2017-02-02 21:09:072019-03-28 21:12:16Not happy about your salary increases (or lack thereof) over the past decade? You might want to blame it on healthcare.
Currently, the patient isn’t the “customer”; so says Steve Forbes, Editor-In-Chief of Forbes Magazine. Transforming patients into customers also means empowering them to shop for lower-cost healthcare like they already do for other purchases. Sadly, that hasn’t been possible so far—you can’t Google to find the lowest-cost, high-quality provider that’s also nearby for a medical […]