Companies are grappling with the challenge of balancing the need for high-quality healthcare plans for employees with the rising costs of healthcare. In a webinar sponsored by Personify Health, executives from Dow and the National Alliance of Healthcare Purchaser Coalitions discussed strategies for managing costs, including passing more expenses onto employees, eliminating duplication of services from vendors, holding vendors accountable for results, and using vendors that improve employees’ quality of life. Education on when to use emergency rooms, urgent care, and primary care is also highlighted as a cost-saving measure. The importance of clear communication with healthcare vendors is emphasized to ensure their services meet the company’s needs and expectations.
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How Can Self-Insured Employers Identify Ways to Rein in Healthcare Costs?
