Low-quality health care is costing employers big
AXIOS August 30, 2023
U.S. companies are spending big on employees’ health, often with little insight into whether they’re paying for quality care.
Why it matters: Whether patients are given and stick with the best documented course of care — such as statins for heart disease — can have everything to do with what doctor they go to.
- But the wide variation in care patients receive isn’t just leading to poorer outcomes. It’s also also pricey to employers, who have seen health costs soar without necessarily getting a good return on that investment, according to a new report from JPMorgan Chase’s health care arm Morgan Health.
What they’re saying: “Employers are spending over a trillion dollars annually on health care for their...