Managed health care: managed costs?

Article Abstract:

Increasing health care expenditures have given rise to managed health care, which involves controlling aspects of medical care costs. A method for developing health care models has been suggested which can help personnel professionals evaluate health care plan options and project future developments and costs. Creating the model involves evaluating the parameters of health care services, identifying tools or methods that can be used to manage the services, and determining which vehicles can best deliver the necessary services. Specific areas to consider include: understanding that pricing is determined through negotiation; comprehending that bundling services may save money; and believing that redesigning benefits can make users more aware of costs of services. Additionally, the model should make it apparent that price, quality and access are important.

Management, Medical care, Cost of, Health care costs

---

Containing benefits costs for multinational corporations

Article Abstract:

Companies focusing on cost containment in the benefits area are turning their sights on international benefits. These plans can be made more efficient through a number of steps, including: setting objectives, developing a database of existing plans, carefully designing a plan, monitoring control methods, setting funding standards and reviewing funding media. Plan managers should also carefully study United States tax laws for possible ramifications and closely watch investment performance of the funds. International benefits' cost containment is a complex process, requiring cooperation across departments and demanding serious preparation and planning.

---

Profiting from trade-off analysis

Article Abstract:

Trade-off analysis can be useful to employers who must reduce a benefit plan's overall value to employees to save costs, or to those who need to maintain a current plan's costs, or to improving a total package. An example is offered in which trade-off analysis was utilized successfully by a 5,000 employee company whose profitability was being eroded by rising health insurance coverage bills. The employer actively solicited employee input and gave the preference data important weight in the decision-making process, ultimately making it easier to sell the reduction plan to employees.

Similar abstracts:

• Abstracts: Union Carbide's three tips on managed-health care. Benefit design offers more for less. Ciba creates an HR strategy for the next century
• Abstracts: Dangerous exposure. Playing for deafness. Asbestos dust a killer from the past
• Abstracts: Perceptual polarization of managerial performance from a human resource management perspective. Beyond 'unloving care': linking human resource management and patient care quality in nursing homes
• Abstracts: Voluntary systems of health and safety management fail in a rapidly changing labour market, say researchers. Integrate to survive
• Abstracts: Health care. A welcome air of optimism in Portugal. Medical care

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.