Healthcare Industry

Mom and child looking at medical results with doctor

Better benefits for healthcare workers.

The Difference Card has a long-standing relationship in working with healthcare systems, clinics, physician’s offices, treatment centers, hospitals and therapy practices to create better health plans with benefits that fit the needs of their employees.

We help them create the BEST employee benefit plans, while often saving the organization hundreds of thousands of dollars.

Over the last 10 years, The Difference Card has saved healthcare practices $168 MILLION in healthcare expenses.

The average healthcare client sees about 18% in savings annually, or around $2,745 per employee per year.

Download our Healthcare Savings Flyer

What could your healthcare client do with an extra $350,000 in savings?

We are proud of the $350,000 we have saved EACH healthcare organization on average.

$350,000 could provide a Public Health Center that assists uninsured community members with:

HEALTHCARE SYSTEMS SAVINGS PROVIDED BY THE DIFFERENCE CARD
Total savings over 10 years $168,394,368
Average annual savings per organization $350,821
Average savings per employee per year $2,745
Average percent of savings per employee per year 18%

 

Download our Healthcare Stats

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How we saved a Healthcare Agency $320,125 in healthcare spend

In the first year of using The Difference Card, this Healthcare Agency saved $320,125 off their health insurance costs.

By utilizing our proprietary MERP (Medical Expense Reimbursement Plan) strategy, the healthcare agency was able to see a 25% reduction in their fixed insurance premiums for the 2023-2024 plan year.

They expect to continue to see savings with The Difference Card for their 200 enrolled employees for the upcoming plan year.

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EKG monitor in operating room. Equipment and medical in operating room.

Seventy-three percent of healthcare workers say it’s essential that employers provide tools and resources to help them manage financial stress. – The Harris Poll

In the last five years, the average hospital turned over 100.5% of its workforce

Health insurance, alongside other benefits, are key in retaining staff in the healthcare industry.

According to the 2023 NSI National Healthcare Retention & RN Staffing Report, the hospital turnover rate stands at 22.7%. The average cost of turnover for a bedside Registered Nurse is more than $52,350, costing the average hospital system between $6.6 million and $10.5 million per year.

A study done by The Harris Poll found that nearly two-thirds of healthcare workers report that they stress over their finances and nearly half do not feel their employer provides adequate resources or benefits to help them manage financial stress.

Managing financial stress can start with providing a benefit package that employees can actually afford. The Difference Card specializes in building health plans at better price.

By providing dedicated healthcare workers with a health plan that meets their financial needs, organizations can lower their attrition rate AND attract top talent.

Types of healthcare systems we serve

The Difference Card has been working with a diverse set of healthcare institutions since 2001 to design unique benefit plans at a better price..

Some of our clients include:

  • Fertility Clinics
  • Diagnostic Imaging & Radiology Centers
  • Epilepsy Treatment Facilities
  • Addiction Treatment Centers
  • Hospice & Palliative Care
  • Elder Care Facilities
  • Public Health Centers
  • Pediatric Care
  • Optometrists
  • Hospital Systems

Interested in how The Difference Card could work for your healthcare organization?

The Difference Card offers healthcare systems a competitive solution for attracting top talent and reducing employee turnover through our unique benefit plan designs.

Discover how The Difference Card can help you design a competitive health plan without increasing the cost for employers OR employees.

Request an Healthcare Savings Analysis

    Informational Difference Card Flyers

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