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Health-Care Costs in the U.S. Projected to Rise 6% This Year

WEBLarge-company executives project health-care costs for 2023 (at the median) to come in at 6% higher than in 2022 after accounting for changes in the design …

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URL: https://www.cfo.com/news/health-care-costs-BGH-pharmacy-gene-therapies-patient-affordability/692265/

Evaluating New Health Plan Designs CFO

WEBEvaluating New Health Plan Designs. Published March 24, 2021. By Jeff Levin-Scherz, Alan Silver, and Sheila Nordquist. Employers provide health insurance …

Category:  Health Go Health

The ABCs of Self-Funding Your Health Plan CFO

WEBSelf-funding is not a new or cutting-edge idea. In fact, 94% of employers with 5,000 or more workers do it, according to 2015 research by the Kaiser Family …

Category:  Health Go Health

Health Care Cost Increase Projected to Slow to 6.5% in 2023

WEBAs health care costs are projected to rise in 2023 worldwide, according to the Willis Towers Watson's 2023 Medical Trends survey, North America is the lone region …

Category:  Medical Go Health

Employers Project 5.6% Jump in Health Benefit Costs CFO

WEBFor 2023, CFOs face another challenging year in balancing cost containment with employees’ needs. U.S. employers expect health benefit costs per …

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Evaluating Employer Health Plan Costs Post-Pandemic CFO

WEBThe civilian unemployment rate fell from 13.3% in May 2020 to 5.8% in May 2021. In February 2020, just before the onset of the pandemic, the unemployment rate …

Category:  Health Go Health

Plan-Design Changes Have Less Impact on Health Costs CFO

WEBThe report indicates that employers’ health-care costs will rise by an average of 6.0% next year, and that they expect to make plan-design changes that will ease the …

Category:  Health Go Health

Health Care Benefits: CFOs Have More Options Than They Think

WEBWith the total cost of care in the United States exceeding the total revenue of the federal government at over $3.8 trillion, the health care marketplace has finally …

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Beyond Discounts: A New Approach to Health Plan Financial …

WEBWhile often referred to as a composite number such as “35%,” the actual value can be misleading without context. A facility with a $1,000 billed charge may offer …

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40 Companies Unite to Rein in Health Costs CFO

WEB40 Companies Unite to Rein in Health Costs. A new, 40-company cooperative, representing perhaps the most aggressive attempt to date to curb health …

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Putting a Premium on Health CFO

WEBHealthy Rewards. Some companies combine premium discounts or rebates with other incentives. At Weyco Inc., a benefits administration firm in Okemos, Michigan, …

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71% of Health Care CFOs Turning to Automation to Solve Labor …

WEBRising health-care costs in the U.S. continue to have a major impact on organizations, and CFOs must contend with this challenge. With nearly half of hospitals …

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Health Care Questions CFOs Should Ask and Expect An Answer To

WEBMeanwhile, a typical health plan might pay $155 for Lipitor in addition to a $25 copay paid by the patient. (These are, of course, rough numbers, since health plans …

Category:  Course Go Health

Three Ways Health-Care Leaders Are Leveraging Big Data CFO

WEBHealth care faces a logistics challenge not unlike that of UPS in the sequencing of daily stops by its 110,000 vehicles along 55,000 routes, or the scheduling …

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Only 19% of Employees Used Mental Health Benefits in 2022: …

WEBA new report by One Medical and Workplace Intelligence, which surveyed 800 employees and 800 human resources (HR) professionals, found that, not only did …

Category:  Medical Go Health

JPMorgan Unveils New Health Care Venture CFO

WEBPublished May 20, 2021. By Matthew Heller. Three months after abandoning a joint venture with Amazon and Berkshire Hathaway, JPMorgan Chase is taking another swing at …

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Bon Secours Mercy Health Names New CFO CFO

WEBBon Secours Mercy Health generated over $11 billion in revenue in fiscal year 2022, according to an October credit ratings report from Moody’s Ratings. Moody’s …

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Can Companies Charge Smokers More for Health Insurance

WEBThere are also companies hoping to save money on health care by incentivizing their employees to quit smoking (or never to start). Businesses have a lot to …

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You Run a Health-Care Business Whether You Like It or Not

WEBWarren Buffett said it all: “GM is a health and benefits company with an auto company attached.” In fact, it spends more on health care than steel, just as Starbucks …

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UnitedHealth to Acquire Equian Payments Firm CFO

WEBPublished June 24, 2019. By Matthew Heller. Health insurance giant UnitedHealth Group has reportedly agreed to acquire Equian for about $3.2 billion in a move to expand ts …

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Back to the Backdating Scandal: Today, UnitedHealth CFO

WEBBack to the Backdating Scandal: Today, UnitedHealth. By settling its civil stock-option backdating case, UnitedHealth Group Inc. — and also its former general …

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Two CFOs Tell a Tale of Fraud at HealthSouth CFO

WEBTwo of the finance chiefs — Aaron Beam, a HealthSouth co-founder and its CFO from January 1984 through September 1997, and Weston Smith, who blew the …

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