AmAudit | Phone: 1.888.262.8785 | Fax: 1.866.332.3564
Healthcare Audits | Reduce Costs, Not Benefits
The Average Cost of Employer-Sponsored Health Insurance in 2005 Was $4,024 For A Single, $10,880 For A Family* -
Runaway health insurance premiums have caused many employers to re-think their approach to health care. After years, or in some cases, decades of plan design cutbacks and cost shifting to employees there is little left to be saved by continuing this "defensive" strategy. In response to runaway health care inflation there is an emerging trend toward managed health, not managed care. In order to maximize the potential savings of this new approach all of the cost centers and utilization patterns must be identified, audited and checked for potential savings. There is a new emphasis on attacking the underlying causes of health claims rather than simply manipulating the ways in which those claims are financed.
A comprehensive audit of your company's health care program will examine every facet of your plan, from coverage design, to vendor and sub-vendor contracts, to provider networks and the discounts that they provide for your workforce's most in-demand services. Then we'll review new opportunities for you to save in the areas of wellness and disease management.
AmAudit is not an insurance broker or affiliate of any insurance carrier. Our services actually audit the client's current vendors, the vendor's contractual obligations, in addition to the competitiveness of your current rates. No stone is left unturned when it comes to examining all facets of your health care program. From re-insurers to pharmacy benefit managers, every component of your plan will \ be examined for potential savings.
Our audit of your health care program starts with a review of any existing carrier or vendor policies and contracts. Once our review is completed we present our findings to you for final approval of recommendations. In all cases, we are prepared to implement our findings or if you prefer, we will work in direct collaboration with you and your \ broker to see that the necessary findings are implemented.
*Source: Kaiser/HRET Survey of Employer-Sponsored Health Benefits, 2005.