In the marketplace, employers' relationship with health care must be guided not only by the compassion of human resources but by the hard-headedness of finance and risk management.
Using its own system, the California technology company takes care of employees at its headquarters and in North Carolina. In India, employees at four locations can access care through the Bangalore office.
Companies and employees are finding that the service offers benefits: Employers can cut health care costs, and workers can get issues addressed quicker. But telemedicine isn't a substitute for a face-to-face doctor visit. “It doesn't replace the times you need to see a doctor or you need to go to a hospital,” the CEO of the American Telemedicine Association says.
Forty-six percent of employers in the retail and hospitality industries and 40 percent of employers in the health care services industry expect health care cost increases of at least 3 percent due to health care reform law requirements.Read More
Amid rising costs, employers say adopting consumer-driven health plans is the most effective step they have or plan to take to combat rising costs.Read More
The goal of the program is to reduce readmissions and improve health outcomes for its patients.Read More
High-deductible health plans have been touted as a savvy behavioral tool to motivate enrollees to more closely scrutinize the price tag of imaging tests, brand-name drugs and more. But at what point does the hefty deductible discourage employees and their families from getting potential health problems checked out or treated?
'People who were confused about what was covered [outside of the deductible] were more likely to cut back on care,' one researcher says.
Allowing schools to self-insure their student plans, officials said, should reduce the expenses incurred by students while allowing schools to maintain adequate coverage.Read More
For a majority of employers, the lack of ROI data has not stemmed incremental expansions in the types of services offered at the on-site centers. Read More