Category: Health Care Costs

Double Checking A Diagnosis

As health care plans continue to promote wellness and pro-active health awareness, the use of sophisticated imaging technology and pathology becomes even more widespread. Experience shows that many conditions, including certain types of cancers, can be very difficult to diagnose conclusively. While it is very common to choose a treatment plan from the first doctor you consult, taking time for a second opinion and careful consideration of alternative treatments can prove to be very wise.

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What If… the PPACA Mandate is Overturned?

Designed to extend health care protection to millions of Americans who lack coverage, the individual mandate is a central part of the Patient Protection and Affordable Care Act recently debated in oral arguments before the U.S. Supreme Court. While no one can predict the outcome, we thought it might be appropriate to consider a few possible scenarios that could arise.

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“The Doctor Is In” – Your Company

Cost containment, medical management, voluntary wellness programs, higher deductibles, increased participant contributions, marketing your health coverage each year to find the “best” carrier rate, are all employer strategies that have been tried over the past ten years with the sole purpose of controlling the rapidly increasing cost of health insurance. However, according to the Kaiser/HRET Study, during the same period, health insurance premiums have increased four times as fast as general inflation and 3.5 times as fast as worker’s earnings.  Perhaps it’s time to consider a different strategy?

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Is Your Company Using Incentives Wisely?

With health care benefit costs continuing to rise and more organizations striving to boost participation in health and wellness programs, a leading provider of wellness programs recently engaged Workforce Management Magazine to survey more than 500 organizations. Here are a few findings.

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Are you spending too much on prescription medications?

People often equate price with quality, believing that a higher price gets you a superior product. In the case of prescription drugs, however, that belief could be leading you to spend more money than necessary.

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