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FAQs No, unlike the paradigm of the past, you are not "forced" into anything. We like it that way -- it keeps each of our services competitive, so you won't WANT to leave and go elsewhere. 2. If Prospice Group Corporation owns the whole process, won't that create the same kind of control previously held by the insurance carriers? No, we have built accountability into our new paradigm. Most major competitors sub-contract various services that they offer. Hence, because the sub-contractor is "protected" by the brand name of the HCO, there is much less incentive for the sub-contractor to improve performance. If an individual client isn't happy with a service, they are less likely to leave for a competitor because all the services are tied together. If you buy one, you buy them all. At Prospice Group Corporation on the other hand, YOU have a choice, therefore each member of our family of companies is more like to strive to meet the highest standards. 3. What impact will this have on insurance carriers? Insurance carriers have recorded profits at an all time high for the past two years. We believe, it is time to "redistribute the wealth". From an insurance carrier perspective, their primary concern will be losing clients with the movement toward being self-insured, as well as medical management services becoming more competitive - potentially resulting in further exodus of clients. 4. How can employers maximize the value they get from their brokers? We recommend that employers get information up front -- and ask the hard questions. To help, read "Questions to Ask Your Broker" ... Click Here! |
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