Marblehead, MA USA (PRWEB) December 12, 2005
HealthLeaders magazine, a monthly publication on the issues and trends shaping the healthcare business today, released its December issue last week.
The Employer’s Last Stand?
Tired of subsidizing inefficiencies and 45 million uninsured Americans, employers are working to fix healthcare, or get out.
The financial cement that has held together the American healthcare system for the last seven decades has been the employer-based healthcare benefit. These days, industry giants such as General Motors are making louder noises that the rising cost of healthcare is pinching business fundamentals. In the December issue of HealthLeaders magazine, we explore the foundations of the employer-based model, and ask whether those supports are about to crack.
In the past five years, the percentage of companies offering health insurance has dropped precipitously. Though most of that decrease has come from small businesses, employers, who provide healthcare coverage for 79 percent of the insured under age 65, are getting fed up with the unyielding increases in cost.
But some companies have found innovative ways to keep costs manageable. Sierra Pacific Resources, a Las Vegas-based energy utility providing services to more than a million customers in Nevada and northeastern California, has created an alphabet soup of initiatives to cut costs and improve employee health by influencing employees to make better health choices, including a focus on wellness.
Snap-on Inc., the Kenosha, Wis.-based maker of hand tools, power tools and diagnostic equipment for the auto and construction industries, has initiated a sophisticated program of health assessments, consumer-driven healthcare plans and decision support tools to help its 11,500 employees manage their healthcare. The company has avoided taking the simple path to cut costs.
“An easy way to do that is pass it on to employees,” says Paul Prickett, director of corporate benefits at Snap-on Inc., “but that’s not a good long-term solution because they’ll go somewhere else.”
Also in the December issue of HealthLeaders:
After decades in a system in which patients have little reason to care about prices for the healthcare goods and services they consume, American hospitals are being pushed into disclosing the prices for their most common services and procedures. In this issue, HealthLeaders looks at how some hospitals are decoding their pricing structures to make them more retail friendly.
How much is that implant?
Reimbursements are going down, but the cost of medical implants is going up. We look at how some hospitals have managed so-called “physician preference items” and gained substantial savings.
Visit us online
HealthLeaders magazine is the only publication created exclusively for senior-level executives across the spectrum of care. Each monthly issue, reaching over 40,000 executives, delivers articles covering the latest success stories and failures in market strategy, finance, technology, policy, culture and innovation.
For further information, please contact
200 Hoods Lane
Marblehead MA USA 01945