Modern Healthcare August 8, 2017
Instead of looking to reduce demand by shifting costs to employees, large employers are increasingly hoping to constrain health insurance cost growth through value-based contracts with providers, according to a survey released Tuesday by the National Business Group on Health.
High performance-networks, or narrow networks, declined in popularity from 26% to 19%, though the report added: “If health care cost trend begins to increase again, this may be one of the first areas employers go in to rein in costs.”
Employers are more frequently steering their insureds to “Centers of Excellence” for specific needs, such as back surgery, hip replacements, fertility treatment or bariatric surgery.
In 2013, Wal-Mart and some other employers offered free hip and knee replacements to workers...