Fact Based List:

7 Primary Ways Companies Plan to Reduce Their Healthcare Costs

Submitted by Randall Clough on Mon, 02/24/2014 - 11:02


  1. Health improvement efforts (wellness/disease management, free preventive care, etc.)
  2. Increased employee financial responsibility (HDHPs, higher copays, reduced subsidies for retiree/dependent coverage, etc.)
  3. Plan design (consumer-directed health plans or utilization management to detect unnecessary care)
  4. Network management (narrower networks, direct hospital/physician contracting, accountable care organizations, etc.)
  5. Defined contribution (provision of predetermined amount of funding for employee use toward health plan purchased)
  6. Reduced benefits/plan value (cuts to covered benefits)
  7. Limit/control hours worked (reduce number of full-time equivalent employees)


Source: Beckers Hospital Review
Source URL: http://www.beckershospitalreview.com/racs-/-icd-9-/-icd-10/7...



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