WASHINGTON-Information and incentives are necessary to encourageemployees to improve their health, according to Robert S. Galvin,M.D., head of equity care at The Blackstone Group.
|Galvin, the keynote speaker at the 2011 World Health CareCongress on April 5, pointed out that incentives should beconsidered a long-term investment, with employers looking for areturn on investment as they would with any other investment. Thisis a trend, he pointed out, that all employers are following, notjust the larger ones.
|Another trend, Galvin said, involved providing discounts toemployees who use networks of high-quality medical providers whodon’t charge above-market rates for services. Health planscan be designed to reduce overuse of low-value services as well, headded. Furthermore, he noted, moving employees into plans placing agreater emphasis on quality and affordability needs to be C-suitedriven.
|Galvin’s remarks were covered by Stephen Miller from theSociety for Human Resources Management.
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