Client: Reden & Anders
Project:
Reden & Anders, an Ingenix company, is an actuarial, management, and clinical consulting firm that specializes in financial and business decision support for the health care industry. CEO Brad Fluegel and I sensed an opportunity to use the firm's widely respected publication, Health Plan Adviser, to more strikingly and accurately convey Reden & Anders' consulting depth to its audience of health plan executives. The piece below was used to demonstrate the firm's expertise in managing medical cost trend.
Sample:
Three years of double-digit premium increases have some large employers and industry analysts wondering whether health plans have lost their ability to control medical costs - a critical piece of health plans' value proposition to their clients. The reportedly insurmountable cost drivers include:
- A generation of people is approaching the time of life when health care needs escalate rapidly.
- Hospital systems and physicians have gained bargaining power amplified by consolidation, regulatory mandates and sophisticated contractual arrangements.
- Consumers and providers demand more - and expensive - medical technology and pharmaceuticals.
- Consumers remain shielded from the true cost of health care, despite some increase in member cost sharing through benefit design and savings accounts.
But consultants at Reden & Anders, along with a number of forward-thinking health plan executives, have seen strong evidence that a coordinated, ongoing trend management process can lower costs and maintain or improve outcomes.
