CFOs should challenge HR leaders on whether employees can afford costlier benefits, promote provider differentiation, and negotiate health care contracts.
Companies are united in a view that there's significant waste in the system, yet a minority are taking steps like collecting and analyzing telltale data.
As core strategies for containing employee health-care costs diminish in effectiveness, companies need fresher approaches.
Managed care and health-care consumerism didn't deliver the promised value, so purchasers are banding together to create heightened value themselves.
Exchange participants can either 'buy up' or 'buy down' compared with their previous coverage, but most do the latter rather than opt for better insurance.
Four health-care-focused employer groups, plus PwC, ask: Do private exchanges save companies money?
Companies can no longer use health reimbursement arrangements, or HRAs, to help employees purchase their own health insurance through private exchanges.
