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Healthcare Case Management Program Article on Rising Healthcare Prices

Good article for those interested in Healthcare and healthcare related issues, please review this article on the increase of healthcare costs for employers trying to manage the ever rising prices

Employers are concerned about rising healthcare prices. Please also review our Healthcare Case Management Program

Employers are concerned about rising healthcare prices. Please also review our Healthcare Case Management Program

Please also review our Healthcare Case Management Program and see if it matches your academic and professional needs.

The article, “Employers Manage to Cap Increase in Health Care Costs at 2.6%” by Lee Barney states,

“The 2017 Mercer National Survey of Employer-Sponsored Health Plans found that employers have been able to contain the rise in health care costs this year to 2.6%, essentially on par with the 2.4% increase in 2016.

Between 2013 and 2017, the rise in health care costs has averaged 3.3%, and between 2007 and 2013, it averaged 6.2%, Mercer says.

Mercer notes that employers were able to contain these costs without enrolling more employees into high-deductible plans. They have achieved this by offering such things as a “transparency tool,” an online resource to help people compare the prices of different healthcare providers.

Telemedicine services, whereby someone can speak with a health care professional via the telephone, televideo or web portal, average $50 a visit, compared to the $125 a typical office visit costs, Mercer says. In 2017, 71% of employers with 500 or more employees offered some form of telemedicine to their employee base, up considerably from 59% in 2016.

Another method by which employers have been able to contain costs for drugs is by steering employees to a specialty pharmacy that can instruct them on how to administer the drugs at home rather than in a hospital or doctor’s office. Specialty pharmacies also use what is known as “step therapy,” whereby a patient is started off on a less expensive drug.”

To read the entire article, please click here

Please also review our Healthcare Case Management Program

 

 

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