{"id":58236,"date":"2023-10-17T16:02:12","date_gmt":"2023-10-17T14:02:12","guid":{"rendered":"https:\/\/pharma-trend.com\/en\/aequum-llc-advises-health-wealth-strategy-during-annual-benefits-open-enrollment\/"},"modified":"2023-10-17T16:02:12","modified_gmt":"2023-10-17T14:02:12","slug":"aequum-llc-advises-health-wealth-strategy-during-annual-benefits-open-enrollment","status":"publish","type":"post","link":"https:\/\/pharma-trend.com\/en\/aequum-llc-advises-health-wealth-strategy-during-annual-benefits-open-enrollment\/","title":{"rendered":"aequum LLC Advises \u201cHealth & Wealth\u201d Strategy During Annual Benefits Open Enrollment"},"content":{"rendered":"
\n

CLEVELAND–(BUSINESS WIRE)–aequum LLC<\/a>, serving more than 400 self-insured health plans and their participants, urges strategic planning during open enrollment in response to anticipated increases in the cost of coverage for 2024.<\/p>\n

<\/a>
<\/a><\/p>\n

\n\u201cWe\u2019re experiencing a period of rapid cost inflation,\u201d says Christine Cooper, CEO, aequum. \u201cRenewals may see significant increases in coverage costs, leading to higher contributions from both employers and employees. Plan sponsors<\/a> can lower costs, achieve savings and maximize value by employing the most cost-effective resources and data-driven insights to support the \u2018health and wealth\u2019 of participants.\u201d<\/p>\n

\nMany Americans spend less than an hour<\/a> evaluating their health plans during open enrollment. The experiences vary depending on whether the enrollment process is active or passive. Oftentimes, a passive enrollment process<\/a> will be completed in a few minutes after minimal evaluation. By actively participating, enrollees can better understand their options and optimize their benefits package to suit their needs.<\/p>\n

\n\u201caequum encourages enrollees to take a consumer-driven approach that empowers them with tools and resources to make the most informed, cost-conscious decisions about their healthcare options,\u201d says Jack Towarnicky, ERISA counsel, aequum. \u201cBy taking advantage of price transparency through reference-based pricing, coupled with effective participant representation, and by utilizing the advantages offered by health savings accounts, plan sponsors can put economic purchasing power and decision-making in participants\u2019 hands.\u201d<\/p>\n

\nPlan sponsors are benefiting from partnerships that provide them with insights through data-driven solutions. Real-time price information of the true cost of healthcare services enables sponsors and members to make the most advantageous cost-benefit decisions regarding enrollment options.<\/p>\n

\n\u201cThis type of support is now readily available to the self-insured community, which is growing rapidly among US companies of all sizes,\u201d says Cooper. \u201cBy leveling the playing field, aequum helps manage costs and gain savings to sustain affordable health coverage as a benefit.\u201d<\/p>\n

\nAbout aequum LLC<\/b><\/p>\n

\naequum LLC serves third-party administrators, medical cost management companies, stop-loss carriers, employer-sponsored health plans and brokers nationwide to protect plan participants, improve employee satisfaction with their health care plans, and generate plan and participant cost savings. aequum LLC helps patients defend medical balance bills and brings savings to employer-sponsored health plans by providing administrative and other services to its partners. In addition, its sister organization, Koehler Fitzgerald LLC, provides legal advocacy to plan participants. Visit aequumhealth.com<\/a>.<\/p>\n

Contacts<\/b> <\/p>\n

\nMedia Contact\u00a0<\/b>
Brittany Tedesco\u00a0
\n
btedesco@cpronline.com\u00a0<\/a>
201.641.1911 x 14<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

CLEVELAND–(BUSINESS WIRE)–aequum LLC, serving more than 400 self-insured health plans and their participants, urges strategic planning during open enrollment in response to anticipated increases in the cost of coverage for 2024. \u201cWe\u2019re experiencing a period of rapid cost inflation,\u201d says Christine Cooper, CEO, aequum. \u201cRenewals may see significant increases in coverage costs, leading to higher … [Read more…]<\/a><\/span><\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":{"0":"entry","1":"post","2":"publish","3":"author-business","4":"post-58236","6":"format-standard","7":"category-industry"},"yoast_head":"\naequum LLC Advises \u201cHealth & Wealth\u201d Strategy During Annual Benefits Open Enrollment - Pharma Trend<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/pharma-trend.com\/en\/aequum-llc-advises-health-wealth-strategy-during-annual-benefits-open-enrollment\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"aequum LLC Advises \u201cHealth & Wealth\u201d Strategy During Annual Benefits Open Enrollment - Pharma Trend\" \/>\n<meta property=\"og:description\" content=\"CLEVELAND–(BUSINESS WIRE)–aequum LLC, serving more than 400 self-insured health plans and their participants, urges strategic planning during open enrollment in response to anticipated increases in the cost of coverage for 2024. \u201cWe\u2019re experiencing a period of rapid cost inflation,\u201d says Christine Cooper, CEO, aequum. \u201cRenewals may see significant increases in coverage costs, leading to higher ... 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