No organization can be competitive in the global economy without healthy and productive employees. Employer-sponsored health insurance plays a significant part in maintaining employee health, unfortunately most plans' designs are reactive in nature, focusing heavily on providing medical services after employees get sick and not much on helping employees and their families improve their health. That has…
Category: Plan design
Narrow network and value-based-care are not the same thing for employers
Narrow networks have been in the news for the last few years. A number of carriers have started to offer this to employer-sponsored health plans as well as to individual marketplace. This concept is marketed differently than what it really is. Narrow network is essentially a higher discounting method based on an assumption that a…
Employers should leverage ACO networks for better performance
Narrow networks are back in vogue with health plans, trying desperately to offer a lower cost product. A narrow network focused on maximizing discounts by partnering with limited providers is likely to fail in the long run. For employers, this discussion needs to move away from 'narrow' to more about a care delivery model that provides the highest…