For self-funded employers, healthcare costs represent a growing financial challenge. Yet, many organizations remain in the dark about what they are actually paying for medical procedures. The lack of price transparency in surgical procedures has allowed prices to skyrocket—with the same procedure costing drastically different amounts depending on the insurer, hospital, and location.
Without clear insight into these costs, employers risk overpaying for care, losing control over their healthcare strategy, and placing unnecessary financial burdens on their employees. The solution? A data-driven, transparent approach to healthcare pricing—one that ensures predictable costs, better outcomes, and significant savings.
The cost of surgery in the United States can vary by hundreds of percent depending on the hospital, insurer, or region. Research from the RAND Corporation shows that private insurers often pay two to three times more than Medicare for the same hospital services, without a clear rationale for the price differences [1].
Recent analysis also highlights staggering price inconsistencies for common surgical procedures:
This massive variation in surgical pricing, often hidden from employers and employees, leads to unnecessary overspending and inefficiencies in benefits management.
Beyond the direct financial impact, the lack of price transparency also causes:
The healthcare system’s opacity means that many employers and employees unknowingly pay excessively high prices for care that does not always deliver better outcomes.
Employers who want to take control of their healthcare spending must embrace price transparency and data-driven decision-making. At World Class Health, we ensure that self-funded employers:
We compare real-time market prices against our negotiated rates, offering employers full transparency into what they should be paying versus what they are actually being charged.
Instead of relying on traditional carrier pricing, we contract directly with top-tier providers. Our CoE model delivers:
When employees are given transparent pricing information and access to CoE networks, they can choose high-quality providers at significantly lower costs—resulting in substantial savings on out-of-pocket expenses.
Employers who implement price transparency strategies achieve greater cost predictability, making benefits planning more effective and reducing year-over-year premium increases.
Employers that embrace transparent pricing models stand to gain millions in savings annually while improving employee health outcomes. For example:
By eliminating hidden fees, reducing unnecessary spending, and ensuring employees receive high-quality, cost-effective care, employers can finally take control of one of their largest operating expenses.
The era of blindly accepting opaque carrier pricing is over. Employers must demand transparency and accountability in healthcare costs to ensure financial sustainability and superior employee health outcomes.
World Class Health is at the forefront of this transformation—offering guaranteed cost savings, superior clinical outcomes, and full pricing transparency. The time to act is now.
Are you ready to take control of your healthcare spending? Let’s talk.