Employers Predict Two Significant Changes to Healthcare System in Next Five Years

United Benefit Advisors (UBA), an alliance of the nation's premier independent benefit advisory firms, today released the results of its first annual UBA/Ingenix Employer Opinion Survey on Healthcare.

In addition to polling employers as to the extent and effectiveness of their current and planned cost-containment strategies, the survey elicited employer opinions regarding responsibility for health care costs, the desired role of the government in controlling costs, and employers' predictions regarding real change (if any) to health care delivery over the next five years.

"An astounding 99% of all employers consider both company health costs and the impact of higher costs on employees either a critical or significant concern," said David LoCascio, UBA's Co-Founder. "This level of concern following the lower, although still significant cost increases of the past two years implies little faith by employers that a real solution to the underlying drivers of healthcare costs has been found or implemented."

Although the most prevalent cost-containment strategies used by employers continue to be reducing plan benefits and/or increasing employee premium cost-sharing, employers are increasingly adopting a range of new strategies including High Deductible Health Plans which incorporate HRAs or HSAs, wellness programs that incorporate individual health risk assessments, and expanded disease management programs to help employees manage chronic health conditions. ...

Read the full story at:

United Benefit Advisors (UBA)

~ : ~ : ~ : ~ : ~ : ~ : ~

Read our article on:

How to Find Affordable Indiana Health Insurance