The health care industry as we know it is changing. With new compliance requirements and rising health care costs, organizations must proactively manage their health care and benefit expenses. Consider the realities of today's health care world:
- Three out of four CFOs report that health care cost is their most serious business concern.
- Organizations' health care expenses are poised to jump by 6.8% in 2015.
- Wasteful health care spending is projected to reach $1.5 trillion in 2014.
"The statistics on rising health care expenses should concern every organization in the country. Since this perpetual increase in health care spending is not sustainable, companies need to start making changes now. We must look at health care spending in a way that we've never considered before and be prepared to take a revolutionary approach to solving this problem," said Mary Jo Davis, vice president of product management for Ceridian.
Are you ready to change how your organization views its health care costs? Let's look at two simple health care strategies for reducing your organization's expenses. Read more.