Becker's Healthcare September 22, 2022
To curb the rising costs of paying for employee healthcare, employers should move away from consultants and bring healthcare spending decisions in-house, a group of policy researchers write in Health Affairs.
The third parties companies use to navigate the complicated healthcare system rely on financial incentives and do not always have the company’s best interests in mind, the authors write. Additionally, there is a lack of price transparency information available to employers to make the best decisions to save costs, they say.
The authors offer three suggestions for companies to save costs on healthcare and rely less on contractors.