healthcarewebsummit bulletin
 
Employers: 2013 Health Plan Costs, Trends & Strategies
 
Overview
Slower growth in healthcare costs could be the ‘new normal’ as long-term trends could keep cost increases in check. As employers shift expenses to their employees, for example, these workers are pursuing lower-cost alternatives. Even as the economy strengthens, changes in behavior by employers and consumers may help limit medical growth.
 
Health Research Institute (HRI) of PwC US explores the leading cross currents likely to shape medical cost trend next year. One of two factors expected to “inflate” the trend in 2013 is an uptick in the consumption of healthcare as newly hired workers obtain coverage and patients who postponed elective procedures feel more confident about spending. Medical and technological advances that provide more specialized, sophisticated and expensive treatment also are expected to push up overall healthcare spending.

Four factors HRI expects will “deflate” the medical cost trend in 2013 are: Market pressure to reduce medical supply and equipment costs; increased popularity of new methods to deliver primary care; increased availability of comparative cost information; and accelerated savings from the pharmaceutical patent cliff.
 
In this session, PricewaterhouseCoopers' Michael Thompson and Jack Rodgers expand upon significant research findings from two major PwC studies: the 2013 PwC Health Research Institute Behind the Numbers Report and PwC’s 2012 Touchstone Health and Well-being Employer Survey. The speakers will then offer resulting PwC insights on emerging megatrends for employer health strategy over the next 3-5 years.
 
The PwC 2013 Behind the Number Report indicates that U.S. employers can expect to see healthcare costs rise by 7.5 percent in 2013, compared with an increase of 8.5 percent in 2012, according to the annual Behind the Numbers report on medical cost trends, published by PwC’s Health Research Institute. The projection continues a pattern of slower medical growth, a reflection of the sluggish economy, increased focus on cost containment by the industry, lower use of services by cost-conscious patients and efforts by employers to hold down expenses.
 
According to the PwC 2012 Health and Well-Being Touchstone Survey employers are focused on two primary strategies to control medical costs in 2013: increasing the employee share of costs and expanding health and wellness programs. The survey also showed that plan design features with the most significant changes in 2012 were a considerable increase in in-network deductibles, emergency room co-payments and prescription drug co-payments.
 
This event provides stakeholders - including employers, health plans, providers and pharmaceutical companies - the opportunity to not only possess cutting-edge data on a spectrum of employer health plan benefit issues, but also gain key specific insights into how employers are positioning themselves strategically for incremental changes in the short term and more transformational changes over the next five years.
 
Learning Objectives
Participants will be able to:
  1. Identify emerging megatrends for employer health strategy over the next 3-5 years
  2. Explore PwC research data findings from the Behind the Numbers 2013 Medical Cost Trend Report and the 2012 Touchstone Health and Well-being Employer Survey
  3. Consider the implications for Employers and other applicable stakeholders regarding PwC research findings
  4. Understand the primary deflators and inflators driving current medical cost trends
  5. Examine the range of actions and changes employers are undertaking or planning in regard to the health benefit environment
  6. Engage in interactive learning through online question submission, attendee feedback and opportunity for follow up questions, and networking with attendees, faculty and other professionals through dedicated LinkedIn group

 
Who Should Attend

Interested attendees would include:

  • C-Suite Executives
  • Health Benefit Executives and Staff
  • Human Resources Executives
  • Strategy and Planning Executives and Staff
  • Marketing Executives
  • Business Development Executives
  • Actuarial Executives and Staff
  • Business Intelligence Staff
  • Informatics and Analytics Executives and Staff
  • Other Interested Parties

Attendees would represent organizations including:

  • Employers
  • Health Plans 
  • Third Party Administrators
  • Agents and Benefit Consulting Organizations
  • Pharmaceutical Organizations
  • PBMs
  • Provider Networks and Accountable Care Organizations
  • Hospitals and Health Systems
  • Solutions Providers 
  • Associations, Institutes and Research Organizations 
  • Media
  • Other Interested Organizations


 
Registration
Employers: 2013 Health Plan Costs, Trends & Strategies
 
  Individual Registration Fee: $195. Audio Conference CD-ROM: $40 for attendees; $285 for non-attendees after the event.  
     
 
Register Now   Corporate Site licensing also available. Click here to register or call 209.577.4888 We look forward to your participation in this event!
 
Past Event CD-Roms 
  
Did you miss a past webinar event? We'll ship the complete audio recording and presentation slides to you on a CD-ROM. Recent titles include:
 
Topic   Event   CD-ROM
         
Hospital Districts   Hospital Districts: Mapping the Future
Thursday, May 24th, 2012
  $255.00
Place Order
         
Accountable Care Organizations   Pioneer ACOs: Quantifying Risks & Identifying Opportunities
Wednesday, May 23rd, 2012
  $255.00
Place Order
Contracting   Contracting Web Summit
Thursday, May 10th, 2012
  $255.00
Place Order
         

To review MCOL's Privacy Policy, go to: http://www.mcareol.com/mcoprvs1.htm  
You are receiving this newsletter as a current or former attendee of a Healthcare Web Summit event.
To unsubscribe, please click here
You can also unsubscribe by going directly to: http://www.healthwebsummit.com/bulletins.htm

HealthcareWebSummit
1101 Standiford Ave., Suite C-3
Modesto, CA 95350 
www.healthwebsummit.com