A new report from Imagine360 makes the case that when it comes to healthcare from self-insured employers, costs are increasing faster than both revenue and employee earnings, causing a breakdown in healthcare affordability.
“Brokers have to respond to an urgent mandate: help employers pivot from incremental fixes toward models that fundamentally realign cost with value,” Imagine360 CFO Bill Dembereckyj said.
The good news, the report hastens to point out, is price transparency mandates, innovative alternative plan models, and shifting policy dynamics have given employers tools they’ve never had before. This has created a moment of unprecedented leverage for plans to understand their healthcare costs, evaluate plan design and close the healthcare affordability gap.
The report offers an overview of why healthcare costs are increasing, the pros and cons of cost containment tactics, alternative health plan strategies, reference-based pricing and how to drive change.
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