|
|
Article: Cost emerges a major issue for corporate health plans; Health care cost increases among employers' top worries.(Brief Article)(Statistical Data Included)
- Article from:
- Business Insurance
- Article date:
- December 17, 2001
- Author:
-
|
Copyright informationCOPYRIGHT 2001 Crain Communications, Inc. 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)
|
Rising health care costs, a modest corporate concern during the boom years of the late 1990s, has become a top corporate worry as cost increases have accelerated and the economy has cooled.
More than 60% of about 700 large employers responding to a new Hewitt Associates L.L.C. survey say cost increases are of ``critical concern'' in managing their health care programs.
By contrast, only 7% of respondents said health care quality was of critical concern, though 61% said quality was of ``significant concern.''
``A couple of years ago, health care costs was not the major issue that it is today for organizations. And for some, it wasn't even on the ...