The Road Ahead - Emerging Health Trends
We educate Business Owners who are Concerned, Confused, and Overwhelmed with Healthcare and Rising Healthcare Costs.
We teach our clients to develop strategies that help contain this alarming and out of control trend.
With our strategies, our clients experience small increases in their healthcare costs without compromising their level of benefits. We are often able to improve the level of service for their employees.
The Problem for Large Employers
Healthcare is the largest sector of the U.S. Economy
Source: Annual figure for 2006 projected
by Centers for Medicare and
Medicaid Services.
Components of GDP, Q3 2006
The National Healthcare Expenditures is projected to nearly double between 2006 and 2015, with healthcare expected to account for 20 % of GDP by 2015.
Source: Centers for Medicare and
Medicaid Services (2006)
Who's Going to Solve the Problem
- Government
- Insurance Companies
- Providers
- Private Sector
What Strategy Are You Using?
- The Exit Ramp
- Employers dropping sponsorship of their health plans entirely
- Stop Light - to - Stop Light
- Employers that are primarily focused on managing trends by traditional purchasing practices
- They do not tend to see health and productivity as a business issue
“My carrier gets 50% discount from its network of doctors and hospitals”
“I am going to shop my health insurance each year”
- Superhighway
- These employers view health and health care differently than those who are traveling Stop Light-to-Stop Light.
- These differences point to employers whose primary concern is about managing the health and productivity of their population and believe a healthy and productive workforce is a significant advantage in today’s global economy.
“We avoided three strokes and two heart attacks in the last 12 months”
“My average lost work days was down 40%”
Superhighway vs. Stop Light-to-Stop Light Employers
Written Health Care Strategy
Superhighway employers are more likely than Stop Light-to-Stop Light employers to have a written
health care strategy (38% versus 23%, respectively) and more than twice as likely to have a written
health improvement strategy (48% versus 20%, respectively). *
Long-Term Focus on Business and Workforce Issues
Employers from both roads ranked managing cost and competitive positioning as their top two
business issues related to health care. However, the next most important business issue for
Superhighway employers is a leadership mandate to address health care, whereas Stop Light-to-Stop
Light employers are worried about profitability. Similarly, employers from both roads ranked
employee satisfaction and protection from catastrophic loss as the top two employee issues related to
health benefits. Superhighway employers ranked improving productivity next, while Stop Light-to-Stop Light employers are worried about turnover.*
*Source: Hewitt Executive Summary, The Road Ahead: Emerging Health Trends 2007
