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Escalating healthcare cost has turned into one of the biggest drains on budget and resources for
virtually every organization that offers health insurance to their employees. If you are like most employers, you have simply given up on trying to mitigate the cost challenges. You have tried everything...however, no matter how much time and effort you put into trying to control cost – it has little to no impact.
As a consumer, you have no valid information to compare cost and quality. The cost, quality, and mix of services being utilized is determined by the suppliers of care (hospitals, physicians, PBMs). Information you would use for any other purchasing decision (homes, vehicles, pizza, etc.) is virtually non-existent. Are you really surprised that the cost continually goes up while the quality goes down?