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MAHP 2016: Cost Containment Is An Urgent Issue. HRS Is The Solution.

Monday, November 21, 2016

Healthcare Recovery Solutions was a proud sponsor at the Massachusetts Association of Health Plans 15th Annual Health Policy Conference on November 18, 2016.  In light of the recent political election, What Decision 2016 Means for Healthcare, the conference’s central topic, provided attendees with much to discuss. With uncertainty as to the future of the Affordable Care Act, industry leaders all agree that developing solutions to provide the highest quality care at the most affordable price is at the forefront of our concerns.

Mark Halperin, best-selling author and Managing Editor for Bloomberg Politics, offered tremendous insight into understanding the 2016 election and which direction healthcare goes moving forward.  Three different panels also discussed ACO’s, the healthcare marketplace, and cost drivers and solutions for reform.  One of the biggest issues discussed was the rising cost of premiums and out-of-pocket costs for consumers.  Consequently, it is essential and urgent that healthcare payers implement effective cost-containment solutions in order to maintain affordability for plan members. 

Healthcare Recovery Solutions is committed to this effort by providing an innovative and never-before-seen stream of revenue to healthcare payers through specialized mass tort subrogation.  Without knowing, insurers are wrongfully paying substantial dollar amounts on claims related to injuries and chronic diseases caused by harmful pharmaceuticals, defective medical devices and toxic exposures. HRS is the first and only firm in the U.S. specializing in this niche area of subrogation. Through patented software, payers can now supplement their recovery process to ensure that no recoverable claim goes unidentified and that EVERY dollar is recovered that they are entitled to.  HRS is only compensated on a contingent basis. Payers have the peace of mind in knowing that reimbursement for wrongfully paid claims will not cost them anything; thus, allowing them to focus on what’s most important: providing affordable coverage to their members.  With a growing demand for new methods of cost containment, we encourage healthcare payers to take action, and discover what you have been missing with HRS.

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