You have been asked to reduce healthcare costs at your organization. With the implementation of the Affordable Care Act and overall healthcare costs on the rise, senior management has asked for you to develop a strategy to find the best health insurance in the competitive markets. A key focus for you is to decrease healthcare expenditures for the organization without foregoing quality for the employees. Senior managers in your organization recently participated in a national survey on “Purchasing Value in Health Care,” conducted by Towers Watson. Here are some of the results: Employers’ Top Challenges in Maintaining Affordable Benefit Coverage: Employees’ poor health habits Under use of preventative services
You have been asked to reduce healthcare costs at your organization. With the implementation of the Affordable Care Act and overall healthcare costs on the rise, senior management has asked for you to develop a strategy to find the best health insurance in the competitive markets. A key focus for you is to decrease healthcare expenditures for the organization without foregoing quality for the employees. Senior managers in your organization recently participated in a national survey on “Purchasing Value in Health Care,” conducted by Towers Watson. Here are some of the results:
Employers’ Top Challenges in Maintaining Affordable Benefit Coverage:
Employees’ poor health habits
Under use of preventative services
High-cost catastrophic cases and end-of-life care
Poor employee understanding of how to use the plan
Overuse of care through employees seeking inappropriate care
Poor quality or misuse of care because primary, specialty, and facility care are not integrated.
You are looking for the best employees and you have to provide healthcare coverage as part of your total rewards strategy.
Quastions
1-Explain and implement a health care strategy to include health care reform compliance.
2-How this strategy makes sense for Compensation, Benefits, and Total Rewards for the organization.
pleas consider :
-Will the plan be fully insured or self-funded?
-What will the communication plan include?
Employers’ Top Challenges
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