Spiraling health care costs are prompting a “full crisis mode” for many employers. But they report feeling handcuffed, lacking strategies that can take a big bite out of cost increases. Fortunately, Hewitt has identified several “levers” companies can pull to dramatically lower costs and increase efficiency, driving results that take the crisis out of health care costs. The levers include the following.

Health benefit coverage and cost sharing

Innovative companies are leveraging the trend toward consumer-driven health care by offering more choices and letting employees choose a specific level of benefits. Innovative enrollment and administration technologies handle the increased complexity that comes from introducing additional choices.

Healthy lifestyles

Forward-thinking companies are being proactive, prioritizing health risks/costs and creating integrated interventions to lower costs and improve overall health. Our communication expertise guarantees privacy for your employees while spreading a healthy message to those who need it.

Pharmacy management

Spiking drug costs—combined with increased usage—drive higher prices. We can design a comprehensive pharmaceutical strategy, including tactics that encourage the use of lower-cost drugs. We also help employers deliver critical communication throughout the year, helping employees make informed decisions about prescription drugs and stay on critical medications.

We’ve helped hundreds of firms pull the levers that help them regain control over their health care expenses, by coordinating changes in the design, delivery, administration, and communication of their programs to reverse skyrocketing cost trends.

The bottom line: The levers of health care can help you control your annual increase in health care costs.

Please contact us for more information about how we can help tame your company's health care cost crisis.