Employers facing rising health care costs get tough on providers
AXIOS May 13, 2024
Employers trying to rein in rising health costs are also taking the fight directly to health care providers.
Why it matters: New transparency around the price of health care services and workers’ mounting frustration with costs are emboldening some employers to get tough in negotiations with hospitals and provider groups.
- “We can improve quality and can make health care more efficient. But if we continue to see very significant increases in unit price … it just makes the job of providing health benefits incredibly challenging,” said Guy D’Andrea, executive director of Catalyst for Payment Reform.
Between the lines: Employers have often struggled to get good answers from providers about how services are priced, said Rosa Novo, who oversees...