Image of an ebook cover featuring an illustration representing cost savingsImage of an ebook cover featuring an illustration representing cost savings
eBooks

Cost-saving levers for self-insured health plans

August 12, 2021
Diane Faulkner

This guide provides four strategies (plus pros and cons of each) to help your organization contain healthcare spending.

Healthcare utilization decreased in 2020 during the COVID-19 pandemic, yet healthcare remains the most expensive employee benefit for employers, and costs continue to rise for many. In fact, a 2021 survey from the Business Group on Health (BGH) projects an increase of anywhere between 5.3% and 6.1% in employer spend this year. That coverage comes at a cost of 8.2% of total compensation, according to the U.S. Bureau of Labor Statistics.

Employers can use a variety of tactics to drive savings for their healthcare plans while still offering a competitive benefits package to employees.

Download the eBook to explore:  

  • Tactic 1: Sharing costs with employees
  • Tactic 2: Implementing creative health plan designs
  • Tactic 3: Preventing expensive health episodes
  • Tactic 4: Increasing utilization of your existing health benefits programs

Subscribe to Building Blocks

People-centered perspectives, delivered to your inbox every other week.
We use your email address to send you relevant content. You can unsubscribe from our mailing list any time. For more details, check out our Privacy Policy.

Related content

Want to improve employee health benefits engagement? Contextualize delivery.
Articles

Want to improve employee health benefits engagement? Contextualize delivery.

Increasing employee engagement with healthcare benefits is top of mind for employers. When aggregating benefits isn’t enough to move the needle, look to contextual delivery instead.

Read Article
Icon of a gold medal indicating top quality in healthcare
Articles

What is “quality” healthcare?

Quality is an important purchase factor for everyday goods and services. But what exactly does “quality” mean in the context of healthcare?

Read Article
Woman standing next to her car looking at the road ahead
Articles

4 reasons your employee benefits program needs digital care guidance

Get the most value out of your company’s health plan and benefits investments with digital care guidance.

Read Article
Back to top