U.S. employers are reporting the largest increase in health care costs in a decade – between 5 to 9 percent – according to leading health care brokerages. There are clear failures in the hospital market with negotiated prices well above the amount necessary for hospitals to break even and no correlation between the price of hospital care and the quality of care provided.
In fact, prices far exceed what Medicare pays, with some hospitals charging as much as 3 to 5 times Medicare rates for the same services with prices varying wildly even within the same city. This is driving employer coalitions and employers across the country to demand fair hospital prices – especially important in the employers’ role as plan sponsors and fiduciaries.
Attend this employer-only MBGH member roundtable discussion facilitated by Marilyn Bartlett and Kiana Moore to learn about MBGH’s newest initiative and how to take action – we’ll share available price transparency tools including the Sage Transparency Tool and the NASHP (National Academy for State Health Policy) Hospital Cost Tool and how employers can use these resources to demand fair prices and transparency.
Upcoming employer-only roundtables:
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March 14: Beyond Hospital Transparency: Getting the Facts Straight
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April 11: Health Plan Contracting: What Employers Need to Know
- (no May roundtable)
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June 13: Beyond Hospital Transparency: What You Need to Know about State and Federal Legislation
