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Employers look beyond cost sharing
Employers are expressing an unprecedented level of interest and actions toward tackling the root causes of escalating costs, according to a trends survey from Hewitt Associates.
Lincolnshire, Il.-Employers are expressing an unprecedented level of interest and actions toward tackling the root causes of escalating costs, according to a trends survey from Hewitt Associates.
"There's a need for more innovative design, network and medical management solutions that reduce cost for employer and participant and move away from simple cost-sharing decisions between employer and employee and get to root cause of healthcare trend," says Tom Beauregard, healthcare strategy leader at Hewitt Associates.
Viable disease management models are needed to control the cost of chronic conditions and improve productivity, Beauregard says.
"Address the need for provider transparency by producing cost and quality measures for hospitals and specialists," Beauregard adds.
- Tracey Walker
DC Roundtable: Patrick Cooney of The Federal Group Drops the Latest on PBM Legislation in Washington
April 11th 2024In this episode of "DC Roundtable," Peter Wehrwein, managing editor of Managed Healthcare Executive, spoke with Patrick Cooney, president of The Federal Group, a lobbying and strategic planning firm in Washington, D.C., about recent developments in Washington concerning PBMs.
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