New Report from HealthLeaders-InterStudy Provides Snapshot of Milwaukee's Managed Care and Healthcare Environment

NASHVILLE, Tenn., Nov. 23 /PRNewswire/ -- HealthLeaders-InterStudy, a leading provider of managed care market intelligence, reports that self-insured member companies that are part of Milwaukee's Business Health Care Group have experienced an aggregate healthcare-cost decrease of 1.5 percent per health plan member in the first three years of participation in a high-performance provider network. According to the Milwaukee Market Overview, the coalition found these self-insured member companies saved $44 million in healthcare costs over the first three years of participation in the Humana Preferred (BHCG) network, a high-performance, limited network of providers that is exclusive to coalition members.

Unlike most health plan networks, which strive to take in more providers to attract members, a high-performance network like Humana Preferred (BHCG) limits providers to include only those who are the most efficient practitioners in an effort to maintain costs.

"With healthcare reform on everyone's minds these days, efforts like the Business Health Care Group's to develop these type of networks are an example of what businesses can do to control healthcare costs," said Taylor Holliday, analyst with HealthLeaders-InterStudy. "This model is not only a win for the employers because of the costs savings--it's also beneficial for the insurers."

For example, in the first half of 2009, the Humana Preferred (BHCG) saw a 38 percent increase in the number of participating employers and a 20 percent gain in the number of employees and dependents participating in the network.

Why Pharmaceutical Companies Need Market Overviews

Market Overviews provide a detailed analysis of local healthcare market drivers in 87 of the nation's most dynamic metro areas, allowing pharmaceutical executives to quickly gain local area expertise. Each report provides local-level insights into: health systems and hospitals, physicians, health plans, Medicare/Medicaid, pharmaceutical environment, legislation and employers.

About HealthLeaders-InterStudy

HealthLeaders-InterStudy, a Decision Resources, Inc. company, is the authoritative source for managed care data, analysis and news. For more information, please visit www.HL-ISY.com.

About Decision Resources, Inc.

Decision Resources, Inc. is a cohesive portfolio of companies that offers best-in-class, high-value information and insights on important sectors of the healthcare industry. Clients rely on this analysis and data to make informed decisions. Please visit Decision Resources, Inc. at www.DecisionResourcesInc.com.

All company, brand or product names contained in this document may be trademarks or registered trademarks of their respective holders.

For more information, contact:

Lisa Osgood                               Elizabeth Marshall
HealthLeaders-InterStudy                  Decision Resources, Inc.
781-296-2606                              781-296-2563
losgood@hl-isy.com                        emarshall@dresources.com

SOURCE HealthLeaders-InterStudy

Back to top

RELATED LINKS
http://www.hl-isy.com