Fact Based List:
7 Primary Ways Companies Plan to Reduce Their Healthcare Costs
Submitted by Anonymous on Mon, 02/24/2014 - 11:02
- Health improvement efforts (wellness/disease management, free preventive care, etc.)
- Increased employee financial responsibility (HDHPs, higher copays, reduced subsidies for retiree/dependent coverage, etc.)
- Plan design (consumer-directed health plans or utilization management to detect unnecessary care)
- Network management (narrower networks, direct hospital/physician contracting, accountable care organizations, etc.)
- Defined contribution (provision of predetermined amount of funding for employee use toward health plan purchased)
- Reduced benefits/plan value (cuts to covered benefits)
- 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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