When it comes to health care costs, America’s employers are at a crossroads. Competing for scarce labor in a tight market, they will have trouble continuing to shift medical bills onto employees as they have for several decades.
To Control Health Care Costs, U.S. Employers Should Form Purchasing Alliances
A hot labor market is limiting employers’ ability to shift more costs to their workers.
November 02, 2018
Summary.
When it comes to health care costs, America’s employers are at a crossroads. Competing for scarce labor in a tight market, they will have trouble continuing to shift medical bills onto employees as they have for several decades. That means that to control costs going forward, employers may have to confront the true underlying causes of rising health care expenditures: high prices and underlying health care inefficiencies. To address these challenges, they will have to band together in purchasing coalitions that give them the local market power to force health systems to reform.