Managed Care

 

Employers look far and wide to reduce expenses

MANAGED CARE August 2011. © MediMedia USA
Managed Care Outlook

Employers look far and wide to reduce expenses

MANAGED CARE August 2011. ©MediMedia USA

Although many employers cover much or most of the cost of health premiums, 36 percent expect to increase participants’ deductibles or copayments in 2011, with another 54 percent contemplating doing the same over the next three to five years, according to the “2011 Health Care Survey” by Aon Hewitt.

The report says that employers will explore many options to reduce their contributions to employees’ health care coverage.

Expect these increases:

  • Surcharges for dependents. Currently only 18 percent of employers report an increase in these surcharges, but that is going to change, with 55 percent considering a hike in 2011–2016.
  • Data-driven approaches. One half of employers report they are “increasingly reliant on data to find cost savings (e.g., compare results to norms, identify key cost drivers).” Up to 29 percent more plan to do so over the next few years.
  • Vendor management/use of high-performing networks. Nearly half have implemented strategies to consolidate their health care program with a single vendor or health plan. Another 29 percent expect to adopt such an approach in the next three to five years. Forty percent of employers now use high-performing networks, but another 45 percent are expected to adopt that approach in the next three to five years.

Activities implemented to reduce expenses

Source: 2011 Health Care Survey. New Paths. New Approaches. Aon Hewitt, 2011

Meetings

2014 Annual HEDIS® and Star Ratings Symposium Nashville, TN November 3–4, 2014
PCMH & Shared Savings ACO Leadership Summit Nashville, TN November 3–4, 2014
Medicare Risk Adjustment, Revenue Management, & Star Ratings Fort Lauderdale, FL November 12–14, 2014
World Orphan Drug Congress Europe 2014 Brussels, Belgium November 12–14, 2014
Healthcare Chief Medical Officer Forum Alexandria, VA November 13–14, 2014
Home Care Leadership Summit Atlanta, GA November 17–18, 2014
6th Semi-Annual Diagnostic Coverage and Reimbursement Conference Boston December 4–5, 2014
Customer Analytics & Engagement in Health Insurance Chicago December 4–5, 2014
Pharmaceutical and Biotech Clinical Quality Assurance Conference Alexandria, VA December 4–5, 2014
9th Semi-Annual Medical Device Coverage and Reimbursement Conference San Diego December 5, 2014
8th Annual Medical Device Clinical Trials Conference Chicago December 8–9, 2014
HealthIMPACT Southeast Tampa, FL January 23, 2015