A New Way For Companies To Reduce Health Care Expenditures?

United Healthcare Management released a piece in Forbes that touts what they believe is a well-designed approach to healthcare cost management that can save employers a lot of money, and they provide the numbers to back up their case.

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The presented cost saving approach consists of three core pillars: 1). Utilizing plans, networks, and doctors that provide greater value without disrupting outcomes, like Accountable Care Organizations and Centers of Excellence, 2). Leaning more heavily on virtual care options, which employees have generally embraced as well, and 3). Partnering with primary care practitioners and sharing data about what a given patient’s plan will and will not cover to help avoid unnecessary costs on the front end.

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And to support their claims, the authors provided some statistical analysis including that employers who worked with ACO structured networks reported 15% savings, and nearly 3 out of 4 members enrolled in one particular highlighted plan spent less than $500 annually out of pocket. 

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You can find that piece here.