News Headlines Article

Employers save money by paying workers to shop for healthcare
Modern Healthcare

Employers are experimenting with ways to get a handle on the rising cost of providing healthcare benefits to their workers. One study has found that mailing a check to workers who visit lower-price providers for certain elective healthcare services is an effective, though modest, way to reduce costs.

Paying workers between $25 and $500 for using a price transparency tool and then opting for a lower-cost provider for certain designated services resulted in a 2.1% reduction in the average prices employers paid for those services over one year, according to a RAND Corp. study of one such rewards program.

Commands