HCFA Predicts Health Spending To Double by 2007


Managed care has wrung about all of the excess from the health care system that it can — and as a result, health care spending is about to jump dramatically, says the Health Care Financing Administration.

In a study released in the September/October issue of the journal Health Affairs, HCFA actuaries credit the rise of managed care as the biggest influence on the slowdown of expenditure increases. But, they say, with 85 percent of working Americans already enrolled in managed care plans, employers aren't going to be able to force savings the same way they have.

HCFA says health spending will double by 2007, thanks to higher insurance premiums and consumer demands.

Career Opportunities

HAP, a subsidiary of Henry Ford Health System, is a nonprofit health plan providing coverage to individuals, companies and organizations. This executive develops strategies to meet membership and revenue targets through products, pricing, market segmentation and advertising.  Aligns business among Business Development, Commercial Sales, Medicare and Public Sector Programs and Product Development. Seeks to enhance and be responsible for business development and expansion through the development of an effective product portfolio, strong interpersonal relationships and service excellence.

Apply via email to jfedder1@hfhs.org or online at http://p.rfer.us/HENRYFORDlXqAJA

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