The nonprofit Center for Health Value Innovation released the initial results of employers completing the Health Value Accelerator finding that over 20 cents out of every dollar of revenue are going toward health care costs that are under-managed. This is an investment that CHVI argues could produce better results by focusing on outcomes, currently missing from most benefit programs.
“We weren’t surprised by the results that show not only an overall lack of engagement from employees, but a need for more attention from employers as well,” says Cyndy Nayer, CHVI president and CEO. The Accelerator is an online tool that allows employers to create a recipe for value-based benefit design focused on engagement and accountability for first-year results. “Employers are spending billions of dollars, often without holding their plans and providers accountable.”
