Employee health benefits ranks as the 2nd largest expense for the average employer, second only to payroll. And the rising cost of employee health benefits is the number one issue, or problem employers are facing today. We have a healthcare billing problem in the United States. The price for medical services and the price of prescription drugs, depends on how much can be extracted from you, or from your health plan, and you have no idea how much the bill is going to be until after services are rendered.
We focus on controlling 4 primary cost drivers which make up 90% of the cost of a health plan: hospitalization & surgery, outpatient services, including diagnostic labs & imaging, emergency services, prescription drugs, and physician services. We help organizations to reduce the cost of their employees’ health benefits by 12 to 25%, and sometimes more, while also reducing out of pocket costs, and increasing their quality of care without necessarily changing their broker or health plan provider.
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Our mission at Savesmart Advisors is simple yet profound: to empower businesses to achieve their full potential by saving time, money, and resources. We believe that by streamlining processes and implementing cost-effective solutions, businesses can focus on what truly matters – growth and success.