(as of May 26,2023 14:19:32 UTC – Details)
This book provides a comprehensive guide for managers to navigate the complex and ever-evolving field of health care financing, specifically focusing on managing rising employee health insurance costs. The book is organized into six chapters:
Understanding the Current Landscape: This chapter provides an overview of the US health care system, the role of employers in health insurance, factors driving rising premiums, and the impact of rising costs on employers and employees.
Evaluating Your Company’s Health Insurance Costs: This chapter delves into identifying cost drivers, analyzing utilization and claims data, and benchmarking your company against others in the industry.
Strategies to Control Health Care Costs: This chapter examines various cost control strategies, such as the implementation of wellness programs, value-based insurance design (VBID), high deductible health plans (HDHP) with health savings accounts (HSA), the use of telemedicine and digital health solutions, and direct primary care ( DPC) arrangements.
Educating employees about health care options: This chapter emphasizes the importance of promoting a culture of health, providing transparent information about health care costs, promoting consumer-driven health care, and encouraging preventive care and early detection.
Negotiating with health insurers and providers: This chapter guides readers through understanding health insurers’ pricing strategies, leveraging market power and scale, collaborating with providers for cost savings, and exploring alternative payment models (APMs).
Evaluating the Impact of Cost Containment Measures: This chapter covers setting goals and key performance indicators (KPIs), monitoring the impact on employee satisfaction and health outcomes, and adapting to changing healthcare landscape and regulations.
The book highlights the importance of a proactive and data-driven approach to healthcare financing, enabling organizations to adapt to the ever-changing landscape book and continue to provide valuable benefits to their workforce.
ASIN : B0C2SMKM4T
Publisher : Independently published (April 27, 2023)
Paperback: 29 pages
ISBN-13 : 979-8392731930
Item weight: 4.5 oz
Dimensions: 8.5 x 0.08 x 11 inches