MedCity News November 3, 2024
In a recent interview, Elizabeth Mitchell, president and CEO of the Purchaser Business Group on Health, discussed employers’ challenges in accessing medical data, emphasizing the need for transparency and potential strategies to enhance their fiduciary responsibilities.
Employers have a fiduciary duty to ensure they’re providing their employees with the best medical benefits for the best price. However, they’re often struggling to access their data from their third-party administrators in order to do this. Under the Consolidated Appropriations Act of 2021, employers are supposed to have better access to their claims data and can’t enter into an agreement with a third-party administrator that limits their access.
For one industry expert, this issue is top of mind.
“[Employers] are having more and...
Today's Sponsors
Today's Sponsor