By Bob Braddick

Your employees want less money taken out of their paychecks for healthcare. Typically, to keep premiums down, copays and deductibles go up. But employees are already shouldering as much of the healthcare cost burden as they can bear. We need a way to better address the unsustainable growth in healthcare costs while continuing to offer comprehensive, quality care.

If you’re one of the many firms struggling with healthcare expenses increasing faster than overall economic growth, you want to register for the 45-minute webinar, “How to Immediately Lower Your Health Care Costs,” hosted by Employee Benefit News (EBN) at 2 pm ET on Thursday, December 14, 2017.

During the quick-hitting webinar, Stanford University health economist Dr. Alain Enthoven will delve into the causes behind ballooning healthcare costs and will offer strategies to reverse that trend. He will explain why the only solution is to inject the element of healthcare system competition into your benefits plan.

Competition is something that has been conspicuously lacking in the healthcare industry. As we see in almost every other aspect of the US economy, a competitive marketplace does something wonderful: It drives prices down and quality up.

Dr. Enthoven’s approach is to leverage healthcare delivery system consolidation and competition to the consumer’s benefit. This requires more advanced transparency on pricing and increasingly better-educated consumers who know what they’re getting and how much it costs. When people can shop around and compare value and quality, then prices will come down and providers will step up to retain market share.

Carmilla Tan, SVP Analytics at Brighton Health Plan Solutions, will explain how the approach is being implemented into health plans that afford high-quality care.

This webinar will be of interest to health benefit professionals and plan sponsors who want to offer more affordable health plans that deliver high-quality health outcomes.