Own It: How Supply Chain Management Is Providing Employees Better Care At Lower Costs

For decades, businesses large and small have been facing an ever-growing challenge that has now become a crisis. Simply put, employer healthcare costs are consistently a top three expense for most organizations and those costs continue to increase rapidly compelling employers into the impossible position of choosing between three bad outcomes: 1)Shifting healthcare costs to their employees creating additional burden on their workforce and risking losing quality people and talent; 2)Absorbing the increased costs into their expenses therefore reducing their profitability or passing on those costs to their customers in the form of higher prices or;3)Reducing (or possibly eliminating) healthcare benefits altogether which presents a serious problem for employers who want to both protect their workforce and remain competitive in the marketplace.The insurance companies (and the vast majority of benefits brokers) want employers to choose between these three unsustainable options.The truth is these three options represent a false choice. There is a fourth option that provides tremendous flexibility and allows an organization to contain, control, and even reduce the cost of their healthcare while simultaneously creating better health outcomes for their employees.Own It will examine the framework of an intelligent, win-win-win approach to healthcare that forward-thinking leaders are adopting across the country to the benefit of their employees, their organizations, and their shareholders.