Survey: Large Employers Pushing Health Providers For More Price Transparency
The survey, conducted by Towers Watson and the National Business Group on Health, also found that most large companies plan to keep continue offering employees an insurance benefit in the next five years.
Modern Healthcare: Employers Pressing Providers For Price Transparency
Large companies are ratcheting up efforts to make providers more accountable and transparent on quality and price as businesses struggle to control healthcare costs, according to an employer survey. A quarter of large employers now use financial incentives to obtain provider accountability for their care, according to a Towers Watson and National Business Group on Health survey of 583 companies with at least 1,000 employees. By next year, 33% expect to use such incentives. "We expect this trend to grow now that Medicare, Medicaid and many insurance companies have started using value-based purchasing," wrote the authors of a report on the survey results (Daly, 3/7).
Reuters: Most Large Employers To Keep Health Insurance Benefit: Survey
Most large employers don't expect to send their full-time employees to government health exchanges for insurance during the next five years, but some retirees and part-time workers will end up there, a new survey has found. The outlook for corporate insurance in the long term is less certain (Humer, 3/7).