Archive for July, 2007
Managing Health Care Cost and Quality Through Predictive Data Analytics (PDF)
3 pages. Excerpt: "Read about how the emerging power of predictive analytics, coupled with advances in technology, can provide the tools and insight needed to effectively manage health care plans for the long term." (Aon Consulting)
2007 SHPS Health Practices Study: What Every Self-Insured Employer Should Know (PDF)
28 pages. Excerpt: "The 2007 SHPS Health Practices Study substantiates that traditional financially based cost management methods are simply not enough to battle rising healthcare costs. Companies with the lowest healthcare costs focus on optimizing employee health and managing clinical risk, rather than manipulating the health benefit." (SHPS)
UnitedHealthcare’s Provider Ranking Tools on Hold While N.Y. Addresses AG Concerns
New Reference Formulary Can Bring Cost Savings in Arrangements With PBMs
Excerpt: "Do you really know how much you're saving with your current PBM? Are you confident you're making the best use of generics for maximum savings? Towers Perrin has a new reference formulary to analyze arrangements with PBMs. Employers using the tool have identified potential savings ranging from 10% to 20% in prescription drug costs." (Towers Perrin)
Overview: NY Health Care Reform Act Extended Through 3/21/2008; 2007 Assessments Revised (PDF)
Excerpt: "The law had been scheduled to expire after June 30, 2007. . . . Covered lives assessments are surcharges that payers (i.e., self-insured plans and their administrators, health insurers and managed care organizations) must pay for health plan participants who live in New York State." (Sibson Consulting)