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CDHP: tools and attitude: studies show the consumer-driven approach provides mutual benefits to companies and workers.(Consumerism in Healthcare)(consumer-directed healthcare plans)
- Article from:
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Health Management Technology
- Article date:
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June 1, 2008
- Author:
- Winkle, Kerry
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Copyright informationCOPYRIGHT 2008 Nelson Publishing. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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According to the 13th Annual National Business Group on Health/Watson Wyatt Employer Survey on Purchasing Value in Health Care, a company's average healthcare expenditure per employee was $7,211 in 2007 and expected to rise to $7,620 in 2008. In all, 453 large U.S. employers participated in the survey which also stated that in 2007, the average annual cost increase for healthcare was 6 percent, a reduction from the 8 percent increase in 2006. However, costs are predicted to again increase by 9 percent in 2008 and again (although at a slightly-lower rate) by 8 percent in 2009. With this double whammy of high healthcare costs and a slowing economy, healthcare stakeholders are ...