Cracking Health Costs: How to Cut Your Company's Health Costs and Provide Employees Better Care

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9781118636480: Cracking Health Costs: How to Cut Your Company's Health Costs and Provide Employees Better Care
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Cracking Health Costs reveals the best ways for companiesand small businesses to fight back, right now, against risinghealth care costs. This book proposes multiple, practical stepsthat you can take to control costs and increase the effectivenessof the health benefit.

The book is all about rolling back health care costs to savecompanies and employees money. Working hand-in-hand with theiremployees, businesses need to ensure that, whenever feasible,employees with the most expensive diagnoses get optimal treatmentat hospitals not practicing “volume-driven” medicinefor higher profits. Less than 10% of employees incur 80% of costs.About 20% of patients have been completely misdiagnosed, while manyothers are simply the victims of surgeons who are either practicingbad medicine or overtreating for profit.

For example, some companies, such as Walmart and Lowe’s,are turning to the “Centers of Excellence” approachauthor Tom Emerick helped to pioneer while running benefits forWalmart. By determining which hospitals are adopting the higheststandards of care, benefits managers can reduce the number ofunnecessary high-cost surgeries and improve employees’overall health. The solution-based approach offered by the book isunique, because it can be implemented by businesses today.

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From the Back Cover:

A simple solution exists for reducing your company's healthcarecosts: spend less money. Until now, we've been taught the reverse:spend more money today for the promise of an ROI later, one that isusually made up. Hence your costs keep rising—due to massiveoverspending on diagnosis, testing, medication, procedures, andeven prevention that in some cases actually harms your employees.Cracking Health Costs explains what you, as the executiveresponsible for your company's healthcare spending, can do to slowthis epidemic of healthcare-gone-wild, by spending lessfreely—but more wisely—on vendors, consultants, andproviders.

You'll learn:

  • How businesses can help employees avoid specialists andhospitals driving volume for profit
  • How benefits consultants and brokers inflate your healthcarespending
  • How wellness actually increases your costs . . . and caneven harm your employees
  • Why PBMs are so profitable—at your expense
  • Why strategies emphasizing coordinated care and employeewell-being succeed where wellness fails
  • And much more

Cracking Health Costs offers unique solutions that yourbusinesses can implement immediately, mostly at no cost. Startfighting back against healthcare costs, and start improving youremployees' health today.

About the Author:

TOM EMERICK is a leading expert in health benefitsdesign, global healthcare challenges, healthcare economics,evidence-based medicine, and process improvement. Currently, he isthe President of Emerick Consulting LLC. Tom spent fifteen years atWalmart, designing and managing benefits for over 1.6 millionemployees. He has held positions with Burger King Corporation,British Petroleum, and American Fidelity Assurance Company.

AL LEWIS, President of the Disease Management PurchasingConsortium, is widely credited with inventing disease management.Lewis is also the author of the award-winning Why NobodyBelieves the Numbers (Wiley). He provides procurement andoutcomes consulting to health plans and human resources/benefitsdepartments, and administers the industry certification program inCritical Outcomes Report Analysis. He holds undergraduate andgraduate degrees from Harvard, where he also taught economics.

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Book Description John Wiley & Sons Inc, United States, 2013. Hardback. Condition: New. Language: English. Brand new Book. Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing volume-driven medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe s, are turning to the Centers of Excellence approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees overall health.The solution-based approach offered by the book is unique, because it can be implemented by businesses today. Seller Inventory # BZV9781118636480

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Book Description John Wiley & Sons Inc, United States, 2013. Hardback. Condition: New. Language: English. Brand new Book. Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing volume-driven medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe s, are turning to the Centers of Excellence approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees overall health.The solution-based approach offered by the book is unique, because it can be implemented by businesses today. Seller Inventory # BTE9781118636480

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Book Description John Wiley Sons Inc, United States, 2013. Hardback. Condition: New. Language: English . Brand New Book. Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing volume-driven medicine for higher profits. Less than 10 of employees incur 80 of costs. About 20 of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowe s, are turning to the Centers of Excellence approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today. Seller Inventory # AAH9781118636480

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