The cost of healthcare is at an all-time high, and it is not about to come down anytime soon. As a result, healthcare providers have no choice but to increase their charges to adjust to rising expenses. Due to the nature of risk contracts, healthcare providers often find themselves in a position where they must make tough decisions, each with its consequences. Before discussing the probable solutions, it is essential to elaborate on the problem’s nature. Risk contracts The hard decisions mentioned above come from two primary sources: the growing cost of healthcare expenses and risk contracts. A risk contract, aka value-based contract, is an insurance payment model where healthcare providers have to work within a previously specified budget. This budget would equal the maximum amount a Medicare member’s insurance plan has an allowance for. Due to how high the cost of care is nowadays, the primary care provider will often have to limit treatment within the allocated budget, irrespective of whether it’s sufficient. If a PCP goes over budget to provide even necessary care to a member, they will have to pay out of pocket for the extra costs. Although that was always possible, the frequency of such hard junctions is too high nowadays for the risk to be ignored. As one can imagine, choosing between disgruntled patient parties and suffering constant losses is never easy. Therefore, the need to take additional measures for optimizing the cost and quality of care should be considered essential by all Medicare partners. They can improve patient satisfaction and simultaneously reduce the overall risk of losses. Rewarding healthy choices Making healthy choices in one’s lifestyle is not something you immediately associate with healthcare providers, although the relationship is apparent. Studies have found that associating healthcare benefits with healthy lifestyle choices leads to a lower cost of care per member for apparent reasons. When people lead better lifestyles and get rewarded directly for their healthy choices, they are encouraged to be healthier. Supplemental benefits A supplemental health benefit program is the most effective and popular choice for optimizing the cost of care expenses. Supplemental healthcare benefits are widespread because they benefit all associated parties, including healthcare providers, healthcare insurance providers, and Medicare members. A healthcare benefits card is a unified, all-in-one solution for balancing and decreasing the cost of care per member while improving member satisfaction simultaneously. They add redeemable funds to each member’s account, which allows members to reap healthcare benefits not covered by their health insurance plan. Such benefits may include over-the-counter health products, dental care, eye and hearing checks, healthy food options, and more. These benefits are centered around carefully designed healthcare services, encouraging healthy habits, and easing access to health products that help in the prevention and early detection of probable health problems. Members lead healthier life, and most developing health issues are detected early before they can get worse. Most conditions are easier to treat successfully within the financial constraints of a risk insurance contract if caught early. Further Reading \t A High Deductible Health Plan Lowers Your Healthcare Costs and Ensures Coverage for Preventive Care \t How Has the Covid-19 Pandemic Transformed the US Healthcare Ecosystem? \t How Healthcare Organizations Can Support Workers Going Back to School?