Rising costs and remaining competitive without breaking the bank are some of the top concerns in the health care industry today. Whether you are sitting in HR or finance, these concerns have proven to be complex challenges to overcome.
Marybeth Gray, senior vice president of health and welfare consulting at Marsh McLennan Agency, spoke with Manage HR Magazine about inflation's monetary impact on the industry, especially gene therapy. She also discusses how leveraging medical technology as a preventative measure can help combat rising health care costs.
"When I speak with employers, we discuss leveraging new medical breakthroughs to enhance benefits and reduce costs. I'm not a fan of high deductible plans that shift costs onto employees hoping they will become better consumers," said Marybeth. "Instead, we should focus on using new medical technology for prevention rather than treatment."
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