Health Expenditures Ease a Bit; Drugs Lead Cost-of-Care Increase


Thanks to lower-than-anticipated spending for Medicare, national health expenses will grow more slowly in the coming decade than previously thought. Still, the nation's health care bill is expected to double to nearly $2.2 trillion by 2008.$2.2 trillion by 2008.

The Health Care Financing Administration predicts that Medicare spending will rise only 4.5 percent from 1997 to 2000, in comparison to its previous 5.1-percent forecast. The feds credit the improvement to their antifraud campaign and to the Balanced Budget Act.

Private-sector spending is expected to grow more quickly — 7.3 percent, up from last year's prediction of 6.7 percent. Insurance premiums and prescription-drug costs were cited.

See chart: Health expenses rise, but more gently

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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