Benefits managers spend a lot of time and energy trying to find ways to lower their corporate healthcare costs, but a new study reveals that they may lack critical data about the quality of the medical professionals and hospitals that serve their employees.

In addition, despite research that indicates wellness plans don't offer robust ROI, benefits managers continue to view them as major cost-savers.

The study, by medical consulting firm Grand Rounds, queried benefits professionals about their strategies for controlling costs, their views on the major components of medical costs and tracking those costs, their perceptions on the value of wellness plans and other matters related to company health plans.

Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.

  • Critical BenefitsPRO information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.