Tags: employer | healthcare | costs | wegovy

Expect Employers to Get Pickier About Healthcare Coverage

Expect Employers to Get Pickier About Healthcare Coverage
(AP)

Monday, 14 October 2024 10:13 AM EDT

A healthcare spending surge looms in the new year, and Business Group on Health is helping employers understand it.

The nonprofit found in a recent survey that large employers expect the cost to treat patients will jump nearly 8% next year before they make coverage changes to address it. That’s the highest growth rate in a decade.

Business Group on Health CEO Ellen Kelsay expects employers to react by being more selective about the care that people receive. They also will try to manage the use of expensive treatments for obesity and diabetes.

Kelsay’s nonprofit advises employers on healthcare cost and policy issues. The CEO spoke recently with The Associated Press.

Here is what Kelsay predicts about changes to workplace healthcare insurance in the coming year:

They’re going to be focused on the quality of services provided to their workforce. You might hear of high-performance networks or centers of excellence. Those are efforts where employers are looking for the highest quality providers and trying to encourage their workforce to seek services through those providers.

They’ll see more curated, designed networks with perhaps fewer providers in them. But they will be higher quality.

It’s foundational. A human being who is struggling with an issue at work or outside of work is not going to be as engaged, as productive or as healthy.

Most view them as a tool in their overall weight management strategy … not the only tool. (They) are going to be really focused on who is the appropriate population to be receiving these medications. Is a provider recommending this? Does the individual have certain co-morbidities? Does the individual have a (body mass index) that meets a certain threshold? And then also is the individual taking part in a lifestyle and behavioral modification program to ensure long-term success?

I think we’re highly collaborative. We focus on inclusion of belonging, constructive discourse, encouraging different perspectives.

It’s this sobering continued increase in fundamental healthcare costs. It’s something we have been talking about for decades. There’s certainly a lot of good work happening, but it’s not enough.

Copyright 2024 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.


StreetTalk
A healthcare spending surge looms in the new year, and Business Group on Health is helping employers understand it.
employer, healthcare, costs, wegovy
345
2024-13-14
Monday, 14 October 2024 10:13 AM
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