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Top 10 Ways Companies Cut Healthcare Costs
HR Benefits Alert Link to more items from this source
Apr. 13, 2014
"The most implemented strategies of top performers last year: Procured a pharmacy benefit manager in an attempt to tamp down pharmaceutical costs; Provided employees with healthcare cost transparency ... Contributed funds to employees' health savings accounts ... The most popular strategies for 2014: Make plan design changes after analyzing how they'll impact other parts of employee compensation -- like retirement contributions and salary ... Increase employee contributions in tiers with dependent coverage at a higher rate than individual coverage ... Adopt payment methods that hold healthcare providers more accountable for the quality and cost of care; Offer telemedicine programs[.]"

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