How employers are controlling health care costs
August 25, 2015 4:32 AM
Overview
Employers are using a variety of solutions, such as telemedicine, narrow network plans and online enrollment to contain rising health care costs and each tactic has increased in popularity in the past year, according to Arthur J. Gallagher & Co.s 2015 benefits strategy and benchmarking survey.
For brokers looking to help their clients save money, here are six ways employers are combating costs and the increase in utilization from 2014 to 2015:
[Image: Fotolia]
For brokers looking to help their clients save money, here are six ways employers are combating costs and the increase in utilization from 2014 to 2015:
[Image: Fotolia]
1) Telemedicine
2015: 9%
2014: 3%
[Image: Fotolia]
2014: 3%
[Image: Fotolia]
2) Reduced provider network accessibility
2015: 11%
2014: 4%
[Image: Fotolia]
2014: 4%
[Image: Fotolia]
3) Social media benefit communications
2015: 11%
2014: 9%
[Image: Fotolia]
2014: 9%
[Image: Fotolia]
4) Mandatory specialty pharmacy program
2015: 12%
2014: 7%
[Image: Fotolia]
2014: 7%
[Image: Fotolia]
5) Mobile-enabled benefit communications
2015: 16%
2014: 12%
[Image: Fotolia]
2014: 12%
[Image: Fotolia]
6) Online enrollment
2015: 43%
2014: 38%
[Image: Fotolia]
2014: 38%
[Image: Fotolia]
