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

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