The 32BJ Labor Industry Cooperation Fund has released two tools aimed at helping employers and unions lower healthcare costs. The Healthcare Savings Calculator allows purchasers to estimate savings by paying hospitals what they need to break even. The Healthcare Administrator “Contract-first” Template provides a model contract template for negotiating with health plans and third-party administrators. By implementing these tools, the organization hopes to empower employers to manage their benefits more effectively and demand lower prices. The organization works with employers and members of 32BJ in New York City, focusing on addressing healthcare costs and advocating for hospital price transparency.
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