37 Health Care Cost Containment Strategies — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily

37 Health Care Cost Containment Strategies

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in HR Management,Human Resources,Leaders & Managers,Management Training,Performance Reviews

White Paper published by The HR Specialist, copyright 2009

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Employer health insurance premiums have been rising at unsustainable levels in recent years. For that reason, HR professionals have turned to a variety of different tools to help them put out the inflation fires. At a recent Society for Human Resource Management (SHRM) conference, health care experts discussed many of the most popular cost-containment strategies being used today. Here's a list of the leading 37 strategies for employers to consider under seven different categories: Plan Design, Financing, Care Management, Vendor Management, Consumerism, Pharmacy and Retiree Benefits.

 

PLAN DESIGN

1. Move away from copayments, toward ‘coinsurance.' The insurer and the insured person share costs incurred after the deductible is met, according to a specific formula.

2. Tiered hospital coverage. Employees pay more to be treated at the best h...(register to read more)

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{ 1 comment… read it below or add one }

Melanie Leyva June 27, 2012 at 12:57 am

Very interested in reading what this web page has to discuss about the different areas of business management.

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