CE Credits: Valid for 1.0 PDCs for the SHRM-CP or SHRM-SCPKnowledge Benefits is an approved SHRM recertification provider. Learn More
Release Date: April 20, 2017
Expires: April 19, 2019

Show Me the Money!

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“Every system is perfectly designed to get the results it gets”
Institute for Healthcare Improvement

Description

Healthcare Spending in the US: Show me the Money!

What is this course about?

Health­care Spend­ing in the US: Show me the Mon­ey! is a free online health­care ben­e­fits pur­chas­ing course that empow­ers savvy ben­e­fit admin­is­tra­tors to improve employ­ee health while sav­ing mon­ey for employ­ees and employ­ers. It is the first step in a com­plete pro­gram of online cours­es on health­care ben­e­fits pur­chas­ing.

Health­care in the US accounts for about one-sev­enth of the econ­o­my and grow­ing. It is an extreme­ly com­plex, inter­con­nect­ed mar­ket­place unlike any oth­er. It’s been com­pared to a bal­loon in that when you squeeze it in one place, it bulges in anoth­er. So attempts to con­trol costs in one area result in increased costs in anoth­er.

It is crit­i­cal to under­stand the cur­rent dynam­ics of the US health­care indus­try in order for pur­chasers to make it work for them. In fact, you may already know much of this. If that’s case, we com­mend you and com­mit to offer­ing the next mod­ule in our pro­gram for free if you score 100% on your first try.

This course describes the eco­nom­ic scope and struc­ture of the over­all health­care mar­ket, demon­strates the vari­a­tion and lack of trans­paren­cy on health­care spend­ing as well as iden­ti­fies some of the key finan­cial dri­vers and trends.

Who is it for?

Ben­e­fits admin­is­tra­tors on the front lines of employ­er spon­sored health insur­ance
HR pro­fes­sion­als inter­est­ed in improv­ing ben­e­fit pur­chas­ing
Well­ness pro­fes­sion­als eval­u­at­ing pro­grams that improve health
Pur­chas­ing man­agers inter­est­ed in improv­ing ben­e­fit pur­chas­ing
Chief Human Resources Offi­cers respon­si­ble for pur­chas­ing health­care ben­e­fits
Chief Finan­cial Offi­cers respon­si­ble for man­ag­ing the bot­tom line
Chief Exec­u­tive Offi­cers con­cerned about health care costs erod­ing the bot­tom line

What will I learn?

1. Describe the eco­nom­ic scope and struc­ture of the over­all health­care indus­try.
2. Com­pare health­care spend­ing by care and venue.
3. Dis­cuss vari­a­tions in health­care costs and spend­ing.
4. Deter­mine the impact of ris­ing costs and opaque pric­ing on con­sumers.

Can I get CE credits?

Yes. Knowl­edge Ben­e­fits is rec­og­nized by the Soci­ety for Human Resource Man­age­ment to offer Pro­fes­sion­al Devel­op­ment Cred­its (PDCs) for the SHRM-CP or SHRM-SCP. Each Knowl­edge Ben­e­fits course is valid for 1.0 PDCs for the SHRM-CP or SHRM-SCP. For more infor­ma­tion about cer­ti­fi­ca­tion or recer­ti­fi­ca­tion, please vis­it www​.shrm​.org/​c​e​r​t​i​f​i​c​a​t​ion.

Esti­mat­ed time to com­plete this activ­i­ty is 1 hour.

Release date: March 3, 2017
Expi­ra­tion date: Feb­ru­ary 28, 2019

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