Texas Employers for Affordable Health Care

In a recent Keckley Report, health care industry expert and TXEAHC board member Paul Keckley recently noted the extent to which CPI data reveals the shocking rise of health care prices. #healthcare #data #hospitalfairprice

Today we released the results of our annual Pulse of the Purchaser survey in conjunction with our member coalitions with 188 employers participating! The study covers a lot including concerns and approaches of employers to address the workforce environment, women’s health, obesity management/GLP-1s, mental health, equity, pharmaceutical drug and hospital prices, high-cost claims, fiduciary strategies, and potential health reforms. Interestingly, we found that employers who said they were more aggressive and innovative in their purchasing strategies noted that they experienced lower than average healthcare costs. https://lnkd.in/g8KizvPX #employers #pulseofthepurchaser #healthcarecosts #benefits

The newest Texas Employers for Affordable Healthcare newsletter is in your inboxes now! In this edition you will find: ➡️ Axios reporting on the future of #healthcare ➡️ The Keckley Report's report on the extent of rising high health care prices ➡️ KFF's research on annual premiums for employer-sponsored family health coverage ➡️ & more! If the newsletter hasn't made it to your inbox, take a look: https://lnkd.in/e7M_DWcw

Axios' Caitlin Owens has been following the issue of skyrocketing health care expenses for years. Recently, she took a look at the most recent data on rising prices, the options available to employers to get this growing expense under control, and why health care prices are likely to be a major issue for lawmakers next year. https://lnkd.in/e7RYZA33 #healthcare

Texas employers pay more than 3x the Medicare rate for in-patient and out-patient hospital services. Skyrocketing #healthcare costs impact business growth, wage increases, employee health, and quality of life. Together, Texas employers can cut healthcare costs and improve quality of care for their employees. https://lnkd.in/drrdqCcD

Some patients are going to get the same procedure they always have - only to be hit with a bigger bill because of a change in business structure... Elisabeth Rosenthal says this is a case of another "buyer beware warning" in healthcare, and "the rebranding of doctors’ offices of outpatient clinics as hospitals for the purpose of billing. And it’s, it’s no different, nothing."

Family premiums for employer-sponsored health insurance rose 7% this year to reach an average of $25,572 annually according to a new survey from KFF. “Employers are shelling out the equivalent of buying an economy car for every worker every year to pay for family coverage." #txlege #healthcare

“Fully funding the Texas All-Payer Claims Database & promoting honesty in billing by requiring facilities to use NPI numbers to identify the location where care is actually provided are two ways that Texas state lawmakers can have a real impact on the price of health care..." #txlege #healthcare #pricetransparency

Escalating grocery bills and car prices have cooled, but relief does not extend to #healthcare, the new KFF survey shows. #txlege

The cost of employer health insurance rose 7% for a second straight year, maintaining a growth rate not seen in over a decade. "Businesses can’t keep that up," says National Alliance of Healthcare Purchaser Coalitions's Shawn Gremminger. "That’s adding real stress to the economy." #txlege #healthcare