WellRithms Hosts Webinar on Risk Management Solutions to Combat High-Cost Medical Claims
September 12 2024 - 10:00AM
WellRithms, the industry leading payment integrity firm, today
announces that it will host a complimentary webinar, “Stem the Rise
of High-Cost Medical Claims: Key Tips,” October 9, 2024, 2pm EST.
The event will introduce the innovative, first-to-market captive
solutions designed to protect plan sponsors from the financial
impact of medical overbilling, as well as the leading advances in
medical bill review and repricing.
Co-hosts Anna Quarum, president, WellRithms and
Kari Niblack, JD, president, Blackwell Captive Solutions offer a
comprehensive look into strategies that protect self-insured
employers from escalating healthcare costs, providing guidance on
effectively managing and reducing high-cost claims through
WellRithms’ unique cost-based repricing methodologies and the
advanced application of captive insurance models.
“With the percentage of self-insured employers
facing million-dollar claims rising sharply, the need for advanced
risk management strategies has never been more critical,” says
Quarum. “WellRithms’ expertise in accurate and defensible medical
bill review, coupled with groundbreaking stop-loss captive
solutions, offer a robust defense against the unsustainable
financial burden these claims impose. Our approach integrates
sophisticated bill review processes with innovative captive
strategies, providing a safety net for employers facing the threat
of illegitimate overbilling.”
Attendees will learn about the latest advances in
AI-driven itemized bill review and the critical role of defensible
repricing in mitigating risk. This session is designed to empower
brokers, plan sponsors and self-insured employers with actionable
strategies that can save millions in healthcare costs annually.
An expert in captive strategies, John Capasso,
Chairman and CEO of Captive Planning Associates LLC, observes,
“WellRithms reimbursement methodology for reducing claims and
claims exposure provides stop-loss underwriters with proven data
points that enable them to offer preferential rates to WellRithms
customers – that can be substantially below the industry
average.”
Blackwell President Niblack adds, “High-cost
medical claims can devastate the financial health of self-insured
plans and companies must adopt proactive risk management strategies
to safeguard their fiscal well-being. This webinar will explore how
our first-to-market captive solutions, in partnership with
WellRithms, can help employers navigate the complex landscape of
high-cost claims and protect their financial interests.”
Register for “Stem the Rise of High-Cost Medical
Claims: Key Tips” here.
Can't attend? Register here for an on-demand recording after the
webcast.
About WellRithms WellRithms saves money for
health plan sponsors by Leveling the Paying Field™ between
healthcare purchasers and providers. The company serves group
health and workers’ compensation payors who seek the most advanced
medical bill review system available, the most precise repricing,
and unsurpassed plan savings. WellRithms Shield Indemnification™,
backed by our insurance captive, sets WellRithms apart by
transferring full financial liability from the payor and
participant to WellRithms, rendering balance billing tactics,
collections, and pressures to overpay ineffective and
unenforceable. Visit www.wellrithms.com.
Media:
Nicole Dufour
CPR Communications
ndufour@cpronline.com
201.641.1911 x 54