Survey: Large employers need more government action to curb health care costs

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The rising cost of health care is alarming in the world, and they want the government to play a bigger role in controlling it, according to a new report.

Compiled the report Buyer Business Group at the Health and Kaiser Family Foundation, Includes survey responses from 302 large private companies. The study was conducted in December and January.

Too many (96%) respondents believe that the cost of health benefits is too high. The major contributors to high costs are prescription drugs, market consolidation among suppliers, unhealthy behaviors among large sections of the community, and payment for services, the executives said.

Eighty-seven percent of respondents said that the cost of providing health benefits to workers will not be sustainable over the next five to 10 years.

To address this, officials say, the government plays a key role in providing coverage and incentives for business (83%) and its employees (86%).

Asked why, he said 43% of those seeking more government intervention could reduce workers’ compensation premiums, while 42% could reduce employer costs.

The majority of respondents (92%) stated that the government should pursue policies that strengthen trust and prohibit anti-competitive behavior by suppliers, pharmaceutical manufacturers and distributors. He said about 90% of federal action should focus on promoting transparency.

Large employers also support more direct government action on health care, with 78% saying they support policies that increase prices for hospitals in the market with little or no competition, and 75% for policies that limit out-of-network costs. Providers in amazing billing conditions.

According to employers, significant government intervention relieves them of their responsibility and costs in administering health benefits (61%), but overall, about 43% believe the government does not have a great track record of managing large programs. .

The authors of the report said:

But according to follow-up interviews, this is based on a long-standing frustration with the health care system and the belief that the government is doing better or better than the private sector.

Photo: Jamesby, Getty Images

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