How Hospitals are Bending the Cost Curve on Employee Medical Plans

Hospitals are preaching to their own workforce what’s being practiced on the communities they serve – a strategy that’s improving quality and health outcomes, as well as bending the proverbial cost curve. Three key areas of focus include increasing so-called domestic steerage or utilization to hospital-owned providers and facilities, managing medical trend and holding down specialty drug costs.

One key to success is offering financial incentives in the form of lower out-of-pocket costs

for more robust medical benefits that fit this approach. Read More: BenefitsPRO

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