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Providing Membership in
Family Health Library
for Employees is Good
Business.
When an employee's
medical records are available
on line, a diagnosis can be made more
quickly, with fewer repetitive
tests. The overall effect is:
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an employee who
returns to work sooner; |
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a reduced insurance
claim; and |
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a potential
reduction in the rate of
health insurance premium
increases. |
Quicker return
to work means greater revenue, less
disruption and reduced insurance
claims.
Restoring
Revenue
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For each day that a
professional whose time is billed at
$200 per hour is in the hospital you
lose $1,600 of revenue. The cost of
FHL's Basic Membership represents
3.75% of the cost savings for just
one day! The net savings,
($1600-$60) is more than 25 times
greater than the cost of an annual
Basic Membership! Seen another
way, if one employee returns to work
a day sooner, you have received a
return equal to more than 16 Premium
Memberships.
Less Disruption -
For employees working
on a team, the disruption of the
team's progress due to an illness
can also be measured in economic
terms. Among the benefits of
having employees return to work
sooner are
fewer disrupted schedules and the
secondary impact of project delays.
Lower Insurance Claims -
If diagnostic tests
are run because a physician lacks
information an unnecessary cost may
result in an unnecessary insurance
claim. Reducing your
company's insurance utilization
rate can reduce the rate of increase
in your annual health insurance
costs.
FHL will work with
employers to offer FHL Membership as an
employee benefit.
Contact FHL to discuss how FHL
Membership as an employee benefit
can improve the bottom line of your
business.
Click Here to
Learn More
Last Modified:
05/22/07
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