Describe some of the ways employers have been trying to contain health insurance costs.

What will be an ideal response?


Employer efforts have focused on two areas. First, employers have altered medical coverages so that employees either share more of the costs or have to better document the need for particular treatments. Examples of this type of effort include higher co-payments, reductions in coverages, larger deductibles, required second opinions, and preadmission hurdles for hospital admissions (see HRM 5 for a detailed list).Second, employers are enlisting health systems that potentially help control costs. Examples of these efforts include the negotiation of advantageous contracts with health maintenance organizations (HMOs) and preferred provider organizations (PPOs). Finally, employers are incorporating various consumer-driven health plans.

Business

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A) nonbase data B) outliers C) seasons D) erroneous

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Answer the following statement true (T) or false (F)

Business