REDUCING HEALTHCARE COST INCREASES Amidst rising healthcare costs, how can businesses protect profitability and benefit employees?
Initially, employers sought relief from rising healthcare costs by shifting a portion to employees in the form of higher deductibles, co-pays and payroll contributions. PricewaterhouseCoopers’ Health Research Institute reports that employee spending for health insurance coverage has increased 126 percent between 2000 and 2005, compared to 76 percent for employers. Such a cost-sharing strategy can go only so far before it takes the benefit out of healthcare benefits for everyone. As costs continue rising in double digits, more companies are embracing a range of activities designed to make healthcare consumers more aware of the cost and quality of the health services they seek. MORE >> THANKS TO OUR NEW AND RETURNING MEMBERS Grace Hung FarStone Technology Peter Pham Photobucket.com Yan Vinterfeld Final Draft Inc.
