Population health analytics vendor Healthentic has discovered employers pay more than $113,000 in medical expenses for "high-cost" people they cover compared to $2,751 for everyone else.
The findings were released in a report detailing some of the numbers surrounding high-cost workers and their families--those with costs of $50,000 or more--compared to the market at large.
Healthentics analysis has found that three biggest contributors to the high-cost category include cancer, chronic kidney failure, and complicated births. To help alleviate the high-costs resulting from these conditions, Healthentic recommends:
*Promoting evidenced-based cancer screening
*Effectively managing diabetes and hypertension
*Making case management available for high-risk pregnancies and complicated births
The fact that employers can save more than $110,000 by preventing just one high-cost member is pretty eye-opening and shows why its so important for organizations to understand their populations health and how it impacts their bottom line, said Healthentic COO Sean Gallivan.
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