Healthcare Cost Governance: What Are The 5 Emerging Best Practices Being Adopted By Walmart, GE, Verizon, Boeing, Target and Walt Disney?
Wednesday, September 13, 2017
This may be the most overused term in corporate healthcare. Workplace wellness is already a $7+ billion industry in the United States, and is expected to grow to $11 billion by 2019. What does it mean and does it actually have any financial payback? That answer depends in part with whom you speak. If you talked to Catholic Health Initiatives, they would answer with a resounding “YES!”. They credit their “Healthy Spirits” program with “bending the curve” on healthcare costs from prior...
Read moreWhat’s the Most Critical (but also most overlooked) Healthcare Metric for Self-Insured Organizations?
Wednesday, September 13, 2017
That’s a challenging question, because it depends, to some extent, on an organization’s culture, the industry it operates in, senior management’s perspective on healthcare, and whether you ask the employer or the employee. But, while it’s generally agreed that healthcare coverage is absolutely critical to attracting and retaining top talent, healthcare costs have been spiraling over the past 10 years, and have rapidly escalated to become the second most costly “people” expense behin...
Read moreFive Steps You Can Take To Reduce Healthcare Costs
Saturday, August 26, 2017
If you're like most senior executives, whether in HR, Finance or the C-Suite, the rapidly escalating costs of healthcare are top of mind. Per the Center for Medicare & Medicaid Services (CMS), they will continue to grow at 6% per year at least through 2023. Realistically, what can you do about it? Here's five steps I would recommend as a starting point to get a clearer handle on this critical component of attracting talent and the second largest cost "people" cost behind payroll:...
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