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SOTSQ Episode 8 - Addressing MSK Claims

10 Jul 2018 · 1 min

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YouTube short by Andy Neary (SOTSQ Episode 8) promoting strategies to reduce cost and improve transparency for employer-paid musculoskeletal (MSK) medical claims. Neary highlights large price variation for knee replacements in Colorado (example: $180,000 vs $80,000 for the same procedure), notes the higher-quality care was at the lower-cost facility, and promotes a July 24 webinar to teach organizations how to lower MSK claim costs. The clip frames employer health benefits as an “unlimited company credit card” and calls for incenting employees to choose lower-cost, higher-quality providers.

Questions this video answers

$180,000

$80,000

July 24 (year not specified in this chunk)

Chapters

If you're looking to bring some certainty to your profit and loss statement, you've got to find a way to bring some transparency, reduced pricing and elevated quality to those medical claims tied to your employees knees, hips and backs. Here's why. In the state of Colorado where I live, an employee could spend $180,000 on a knee replacement. Or they could go to a different facility and spend $80,000 for the same knee replacement. And here's what's amazing. Guess which facility has higher quality, better outcomes? The one charging $80,000. Folks, remember this medical ID card is an unlimited company credit card, so you must find ways to incent your employees to find that facility. And you're in luck because if you click on the link above, you can register for our July 24th webinar which will show your organization how to take the financial pain out of your musculoskeletal claims. Until then, bear down, focus on the target and strike out the status quo.