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Elective Procedures Post COVID-19: Meeting the Cost Surge Head-On

Live Webinar: Thursday, May 14, 2020 2 p.m. (EST)

Coronavirus. Until a couple of months ago, most of us had never heard the word—now it’s part of our daily vocabulary. “Normal” disappeared overnight along with business as usual, which includes how we use our benefits and how we choose healthcare.

When COVID-19 slammed into the U.S. in March 2020, more than 12 healthcare systems across 37 states were either mandated or chose to delay elective surgical procedures. As states begin to loosen restrictions, 80 percent of those procedures are expected to be completed this year. But, at what cost?

For patients. The sad reality is that the health status for many waiting for care has become a “ticking time bomb,” requiring hasty high-cost decisions based on critical needs.

For employers. The surge to rapidly schedule thousands of delayed procedures—from non-essential to urgent care—is prompting insurers to begin setting their rates for next year, which could increase healthcare benefit costs for employers by 4% - 40% if carriers try to recoup costs incurred during the pandemic.

Add the estimated costs for COVID-19-related illnesses and employers could be looking at $34 billion to $251 billion for testing, treatment and care.

Does your organization have a plan in place to offset the post-COVID-19 surge in elective procedures and associated costs? Given the current economic and health crises, be assured that Healthcare Bluebook can help your company, clients, brokers and TPAs put a cost-containment strategy in motion today by helping employees make informed cost-saving choices for high-quality medical services.

To jump start the process, join us for a live webinar Thursday, May 14, 2020 featuring industry pioneers, Bluebook’s Bill Kampine (Co-Founder/SVP Analytics and Innovation) and Mike O’Neil (SVP Strategy and Development), along with Kim Davis, Director of Compensation and Benefits for Bluebook client Alex Lee, Inc.

Be a part of the discussion focused on Elective Procedures and the Post COVID-19 Surge: What Happens Next and How to Get Ahead of It.

Learn how:

  • Facilities—not physicians—drive the cost of healthcare.
  • Alex Lee, a leading grocer and food distributor, is engaging and rewarding employees for making cost-saving healthcare decisions to offset the rising costs related to COVID-19.
  • Leveraging price and quality data can optimize health plan networks.
  • Organizations can take steps today to flatten the healthcare cost curve to protect themselves and their employees, clinically and financially.

REGISTER TODAY and take your first step toward lowering annual healthcare benefits spend.

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