6 Ways to Reduce Employee Heathcare Cost through Data Analytics
Analytics
6 Ways to Reduce Employee Heathcare Cost through Data Analytics
March 23, 2020
Without the cost of employee health benefits expected to rise 5.5% in 2018, cost containment is a top priority for health plan sponsors. However, simply shifting costs to employees through higher deductible and copays may not be a viable option since affordability of medical coverage is a growing concern. One way to reduce expenses without further shifting costs to plan participants is to use patient health data to design extremely targeted-high-value medical benefit programs.