Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing volume-driven medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowes, are turning to the Centers of Excellence approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today.
Book Details:
- Author: Tom Emerick
- ISBN: 9781118636480
- Year Published: 2013
- Pages: 224
- BISAC: BUS033040, BUSINESS & ECONOMICS/Insurance / Health
About the Book and Topic:
Cracking Health Costs reveals the best ways for companies and small businesses to fight back, right now, against rising health care costs. This book proposes multiple, practical steps that you can take to control costs and increase the effectiveness of the health benefit. The book is all about rolling back health care costs to save companies and employees money. Working hand-in-hand with their employees, businesses need to ensure that, whenever feasible, employees with the most expensive diagnoses get optimal treatment at hospitals not practicing volume-driven medicine for higher profits. Less than 10% of employees incur 80% of costs. About 20% of patients have been completely misdiagnosed, while many others are simply the victims of surgeons who are either practicing bad medicine or overtreating for profit. For example, some companies, such as Walmart and Lowes, are turning to the Centers of Excellence approach author Tom Emerick helped to pioneer while running benefits for Walmart. By determining which hospitals are adopting the highest standards of care, benefits managers can reduce the number of unnecessary high-cost surgeries and improve employees overall health. The solution-based approach offered by the book is unique, because it can be implemented by businesses today.
Robust Workshop and Speaking Platform: Tom Emerick speaks regularly to companies, small business groups, and at health care strategy events. He speaks 15+ times a year. His upcoming events include the Blue Cross Consortium Conference and Midwest Business Group on Health. Books will be included as a part of his speaking fee. Author Works with Top Companies in the Industry: The author consults with businesses, vendors, consultants, and pharmaceutical companies such as Walmart, JB Hunt, Tyson Foods, The Mayo Clinic, Whole Foods, Mercy Health System, and many more. Health Benefits Costs is Authors Key Focus: The author has presold 3,400 copies of the book to distribute to clients and health groups. The book is his core message and once initial books are distributed, he will then drive sales through retail accounts through his speaking and consulting.
About the Author
Tom Emerick (Fayetteville, AR; www.emerickconsulting.com) is a leading expert in health benefits design, global health care challenges, health care economics, and evidence-based medicine, who has spent over 30 years working in the benefits departments of major corporations. Currently, he is the President of Emerick Consulting, LLC, and Partner and Chief Strategy Officer with Laurus Strategies, a Chicago-based consulting firm. Prior to starting his consulting career, Tom spent 15 years at Walmart, designing and managing benefits for over 1.6 million employees. Tom also spent several years heading up Walmarts global process improvement initiatives. His last position was Vice President, Global Benefit Design. Before joining Walmart, Tom had positions with Burger King Corporation, British Petroleum and American Fidelity Assurance Company. He was also with Burger King, British Petroleum, and America Fidelity. Foreword Writer: Al Lewis is founder and President of the Disease Management Purchasing Consortium International, Inc. (DMPCwww.dismgmt.com) DMPC is by far the leading outcomes measurement evaluator and vendor procurement broker in the field of disease management. DMPC provides businesses, vendors, consultants, and pharmaceutical companies information on health plans and disease management.