The Landscape of Benefits Has Changed. The Playbook Must Too.
The New Reality of Managing Health Benefits For years, employers managed healthcare costs by trying to stay one step ahead of inflation by tweaking plan design and contributions, negotiating rates, and relying on carriers to manage risk. That approach doesn’t work anymore. Today, rising costs are no longer driven by inflation alone. Employers are now facing a healthcare system that operates like a sophisticated business that is increasingly focused on profitability, not affordability, not risk management, and not improving patient health. Consolidation across the healthcare system, fueled in large part by private equity investment, has fundamentally changed how care …
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