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Hooray Health Shoulders the Financial Burden of High Deductible Health Plans


Hooray Health Shoulders the Financial Burden of High Deductible Health Plans

PR Newswire

DALLAS, Aug. 7, 2018 /PRNewswire/ -- The high cost of healthcare has a significant impact on employer expenses.  The Milliman Medical Index projects that in 2018 the average annual premium for a family of four will be $28,166.  While the magnitude of health costs is a reality for employers, making it inexpensive and easy for employees to see their doctor is critical for recruiting new talent and reducing turnover. In addition, providing quality coverage ensures that employees have access to care, so they do not delay necessary treatment and have more costly visits in the future, according to Shannon Shallcross, CEO of the health data transparency company BetaXAnalytics.

"When we drill down into cost-drivers, we consistently see a startling theme across employers—that only 5% of people are driving half of the total healthcare spending," says Shallcross. 

She explains that when BetaXAnalytics analyzes who is receiving healthcare, they consistently find that between 10%-20% of members never see their doctor, but it's within this group of people who are not driving costs today where an employer's greatest healthcare risks can lie. These employees, although not frequently using their plan, are more likely to put off care and visit the doctor after major medical complications have already begun; leading to longer periods of care and more expensive treatments to return them back to health.  For this reason, Shallcross says, it is so important for employers to make it as easy as possible for members to get the preventative and maintenance care they need, avoiding major complications later down the line.

In response, Hooray Health provides a template for employers to solve this problem. They offer first dollar coverage for preventative, basic and urgent care visits with $0 deductibles, and $25 copays for all in-network visits.  Their innovative network consists of over 2,400 retail clinics and urgent care centers across the U.S. that offer extended hours with no appointment necessary.  They also provide telemedicine visits by phone 24-hours a day, 7 days a week at no cost which makes getting care quick and easy, even when work and family schedules make it difficult to visit a doctor's office.  Their app-based tools and live medical concierge are always available to make finding care easy and convenient.  As an added benefit to address employee concerns about prescription costs, Hooray Health offers a prescription discount benefit to ensure employees are always receiving competitive prices for their medications.

Hooray Health removes financial and convenience barriers that prevent people from getting the care they need by making access to care easy, convenient, and affordable.  This type of solution is particularly useful for employers with high deductible health plans where high out of pocket costs may deter employees and their families from seeking the necessary care to avoid costs.  While solutions like these remove barriers to care, they also save employers money by providing an affordable alternative to many of the care services needed by their members. To learn more about Hooray Health visit


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