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.
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Dan Cook
Dan Cook is a journalist and communications consultant based in Portland, OR. During his journalism career he has been a reporter and editor for a variety of media companies, including American Lawyer Media, BusinessWeek, Newhouse Newspapers, Knight-Ridder, Time Inc., and Reuters. He specializes in health care and insurance related coverage for BenefitsPRO.
