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Cost containment strategies for healthcare

Discuss how best to implement the following 6 health care cost containment strategies in an organization. Are there considerations other than cost here that should be taken into account?

Containment strategies:
1. Deal with hospitals and insurers as with any other suppliers.
2. Encourage the use of generic drugs.
3. Use a manage-care approach
4. Consumer-driven health plan
5. Band together with other companies to form a "purchasing coalition"
6. Audit the eligiblity of dependents under company health plans

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How best to implement the following 6 health care cost containment strategies in an organization and Are there considerations other than cost here that should be taken into account?
Containment strategies:
1. Deal with hospitals and insurers as with any other suppliers.
Create a policy that uses specific criteria (cost, method of delivery, terms of account payment, special considerations) for all people who supply products and services to find the best and most responsible suppliers. In the case of hospitals, an addendum to a basic process should include the specialties of the facility and determination of issues like safety, level of care, and customer recommendations. These are important aspects to the consumer and for the type and level of care received. For example, a facility that provides an award winning level of heart ...

Solution Summary

This solution provides a sample of cost containment strategies based on the provided list.

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