Health Partners: Five Key Tips to Lower Your Health Care Costs

1. Target your cost drivers
Health Partners suggests that an employer ask their health insurer for specific options to address the 20% of your population that drives 80% of your costs.

2. Support high-risk individuals early. By making sure your health insurer is proactively identifying and supporting those at highest risk for health concerns, an employer can not only avoid costly health expenses, but can also reduce absenteeism, increase productivity and provide an overall better care for employees.

3. Give your employees more control of their coverage. Better health outcomes and lower costs are the result of engaging employees in better decision-making. Make sure your employees get the information and tools they need to make better decisions about their health.

4. Reduce costs with smoking cessation programs. The United States Department of Health and Human Services estimates that companies that invest in smoking cessation programs can get a return of 150% to 500% on every dollar.

5. Lower your prescription drug costs. Through programs that promote the use of generic drugs, Health Partners has helped clients realize nearly $3/mo per member.

Top 10 Things to Discuss With Your Broker

1. Health Partners suggests that you ask what three things I can do right now to lower my costs.

2. Health Partners suggests that you ask what are the cost drivers on my plan and how can my company reduce cost by managing these drivers better.

3. Health Partners suggests that you ask what I can do to make health insurer changes in a way that gains fast, positive support by my employees.

4. Health Partners suggests you ask how can I involve and engage employees to help drive down costs?

5. Health Partners suggests you ask what is the difference between the approaches of health insurers on how they identify and support employees and family members at risk for serious health conditions.

6. Health Partners suggests you ask if an HSA or HRA work for my company.

7. Health Partners suggests you ask what are the benefits of considering and choosing different health insurer when our company is seeing less than a double digit premium increase.

8. Health Partners suggests you ask if all health insurers use the same networks, how I know if I’m getting the best benefits and best care at the best cost.

9. Health Partners suggests you ask if there is anything I can do to get a handle on prescription drug costs?

10. Health Partners suggests you ask if you can receive any savings by getting my medical and dental plans from the same health insurer.

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