Anall-encompassing price reduction strategy that includes data toolsand fostering strong provider relationships will yield consistentand sustainable cost savings. (Photo: Shutterstock)
More Americans are delaying much-needed medical care due to highcosts, potentially putting themselves at risk of more seriouscomplications while doing little to solve the problem of soaringhealth care benefits costs for themselves or their employers.
A December 2019 Gallup survey revealed that 33 percent ofAmericans delayed treatment for a medical condition because ofcosts in the past year, up from 19 percent about two decades ago.Despite this disturbing trend, health care prices are stillclimbing. Accordingly, large employers expect their health carebenefit costs to rise 5 percent in 2020 to a total cost of$15,375 per employee, according to survey results from the BusinessGroup on Health.
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