Workforce January 9, 2020
Rita Pyrillis

Employers have found ways to manage health care costs, but need to step up their efforts to tackle a more vexing problem — eliminating wasteful medical care spending.

A recent Journal of the American Medical Association study found that 20 to 25 percent of medical spending is unnecessary.

“As long as we are in a fee-for-service world we will get services whether we need them or not,” said Mike Thompson, president and CEO of the National Alliance of Healthcare Purchaser Coalitions. “We need to shift from paying for volume to paying for value, and employers need to put pressure on providers to get this right. They should be asking for spending reports from vendors, like Blue Cross Blue Shield, and...

Today's Sponsors

LEK
ZeOmega

Today's Sponsor

LEK

 
Topics: Employer, Healthcare System, Insurance, Market Research, Pricing / Spending, Provider, Trends
CDC: Thanks in part to fewer COVID-19 deaths, life expectancy rises slightly from 2021 to 2022
Cross-country comparison in health care price growth: 2000-2020
Health Reimbursement Arrangements: An Option for Small Employers
Empowering Employer Purchasers: Recommendations To Support Market Transparency And Health System Performance
Insights on Leading Employers in Top Business Sectors and Insurers that Serve Them by Mark Farrah Associates

Share This Article