Show Me the Money!
“Every system is perfectly designed to get the results it gets”
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/certification.
Estimated time to complete this activity is 1 hour.
Release date: March 3, 2017
Expiration date: February 28, 2019