How to Cut Your Company's Health Costs and Provide Employees Better Care
Cracking Health Costs reveals the best ways for companies
and small businesses to fight back, right now, against rising
health care costs. This book proposes multiple, practical steps
that you can take to control costs and increase the effectiveness
of the health benefit.
The book is all about rolling back health care costs to save
companies and employees money. Working hand-in-hand with their
employees, businesses need to ensure that, whenever feasible,
employees with the most expensive diagnoses get optimal treatment
at hospitals not practicing ?volume-driven? medicine
for higher profits. Less than 10% of employees incur 80% of costs.
About 20% of patients have been completely misdiagnosed, while many
others are simply the victims of surgeons who are either practicing
bad medicine or overtreating for profit.
For example, some companies, such as Walmart and Lowe?s,
are turning to the ?Centers of Excellence? approach
author Tom Emerick helped to pioneer while running benefits for
Walmart. By determining which hospitals are adopting the highest
standards of care, benefits managers can reduce the number of
unnecessary high-cost surgeries and improve employees?
overall health. The solution-based approach offered by the book is
unique, because it can be implemented by businesses today.