What you need to know about sole sourcing
What you need to know about sole sourcing
6 PagesWhat you need to know about sole sourcing What’s driving this? 73 % Health care costs have risen drastically Average annual health insurance premiums and worker contributions for family coverage, 2006 – 2016 Source: Kaiser/HRET survey of employer-sponsored health benefits, 2006–2017 Source: HIDA, Horizon report: Health Consumerism, 2017 Reducing out-of-pocket expenses is a top priority for everyone “ I always try to reduce my out of pocket expenses” of all patients say $11,480 Premiums + 58% Worker Contribution + 78% $18,142 $12,865 $5,277 $8,508 $2,973 2006 2016 Worker Contribution Employee Contribution As of August 2018 MN OH TN NY NJ FL TX MA What is sole sourcing? It is when Medicaid managed care payors create their own provider networks. This gives only a handful of HME pr
