Self-Funded Plans Can Preserve Health Care Dollars
Why are over 58% of US employees enrolled in self-funded health plans? Discover four key reasons in this short video:
Benefit Solutions That Save Time and Money
You need choices in your health care benefits. MedCost strategically delivers solutions for employers from a wide range of industries and nonprofits. Here are some of our comprehensive services:
Medical – Employers gain substantial savings through our provider network and efficient
Dental – Costly health conditions such as heart and lung diseases, diabetes and stroke have been linked to poor oral health. We will help design a plan for your company, process claims and provide reports.
Flexible Spending Accounts – Both employers and employees benefit from this integrated plan that we administer for clients.
Consumer-Driven Health Plans – These high-deductible plans combined with tax-free savings account options put more control into the hands of employers and employees.
Additional Services – Vision and short-term disability provide vital protection for employees.
COBRA – Avoid costly mistakes interpreting complex COBRA laws with our expert team’s management.
Compliance — Our in-house legal counsel and experienced staff assists with all aspects of compliance for employer benefit plans, including ERISA, HIPAA and the Patient Protection and Affordable Care Act.
Pharmacy Services – We address gaps in drug coverage while identifying spending trends to keep your costs lower.
Underwriting Services – Our experienced underwriting staff gives full support in arranging for stop loss insurance, which protects your company from expensive claims. Optum Stop Loss rates MedCost with one of its highest ratings, giving our clients higher discounts on premiums.
Provider-Sponsored Plans – Over 35 hospitals and health systems have placed health plan administration with MedCost because of our best-in-class service and integration with existing
Cost Containment – Responsible management of your health care dollars is a top priority at MedCost. We manage subrogation, fraud prevention, out-of-network fee negotiations and much more for
Online Data Analytics & Report Tools – Employers receive customized reports based on advanced analytics, resulting in better health results for employees and realized savings in health care costs.