X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
Man looking at wall of questions

With an annual employee health care spend that’s approaching $1 trillion, self-funded employers are essentially operating mini insurance companies. Innovative companies are embracing their role as leaders in this employer-driven health care economy, and they are increasingly taking advantage of new approaches to managing their employees’ health. For instance, today, 96 percent of large employers offer telemedicine services, 54 percent offer onsite or near site health centers, and 21 percent have incorporated accountable care organizations (ACOs) into their strategies—a figure that is projected to double by 2020, according to a recent survey by NBGH. These new approaches allow employers to break the traditional care model, improve health outcomes and the patient experience, and better control costs.

ACOs are organizations that empower health care provider groups, such as health systems and/or multi-specialty physician groups, to take accountability for the total cost and outcome of care for a population. While ACOs have been mostly promoted via the Affordable Care Act as a “value based” Medicare plan variant, the general concept has expanded to employer-sponsored health benefit plans.

Follow the Conversation

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2020 ALM Media Properties, LLC. All Rights Reserved.