Buy More Health, not More Healthcare
“Medical costs are the tapeworm of American economic competitiveness,”
Healthcare spending is unsustainable
- Totaling more than $3 trillion in 2015, healthcare costs were 18% of GDP, up from 5% in 1960. Almost 1/3 is estimated to be waste.
- The average premium for a family of 4 is about $20,000 in 2016, 2.4 times higher than it was in 2010, while deductibles rose 6 – 7 times faster than wages.
- Medical errors are the 3rd leading cause of death in the United States and cost upwards of $2 billion a year.
Increasing costs and eroding quality. What if you ran your business like healthcare? Do you apply the same principles to purchasing healthcare as you do for the rest of your supply chain?
What you can do
Healthcare must move from volume to value. Only employer purchasers have the power and incentive to demand more value from healthcare spending.
This brief course will illuminate the ways that healthcare market incentives work against employers and employees resulting in an unsustainable growth trajectory. This course empowers you to begin the journey to more proactive purchasing of high value healthcare.
Start your journey now!