Studies show UnitedHealthcare beats competition on total cost of care using best-practice methodologies
Three new studies highlight UnitedHealthcare cost-savings strategies, validating savings methodologies across key programs and confirming the ability to manage savings better than the competition.
- Cost management
- All states
UnitedHealthcare is engaging third-party firms to help consultants, brokers and employers understand that a total cost of care strategy must extend beyond traditional discount analyses. According to 3 studies from Wakely Consulting Group, ZS Associates and Santa Barbara Actuaries (SBA), UnitedHealthcare is reducing employers’ total cost of care better than the industry average, and its savings methodologies are consistent with industry best practices for key programs.
Employer costs are a combination of unit cost—typically measured through discounts—and utilization. Traditional consultant analyses capture discounts but do not capture utilization, including savings from factors such as site-of-care redirection, payment integrity and bed-day management, among others. Because discount tools typically don’t include these factors — and, therefore, don’t fully measure total cost of care — employers historically lack visibility into the potential for long-term savings. These studies are designed to help ensure UnitedHealthcare is positioned accurately within requests for proposals and overall carrier evaluations.
About the studies
What does this mean for employers?
Without considering the total cost of care savings a carrier can provide, an employer may not have the full financial picture in selecting a health insurance carrier. Employers looking to optimize their total cost of care strategy can:
- Talk to their UnitedHealthcare account representative to understand the potential savings delivered through UnitedHealthcare’s broader total cost of care strategy
- Talk to their broker or consultant about how their business is considering UnitedHealthcare’s ability to drive total cost of care
For more information on the results from these studies, please contact your broker or UnitedHealthcare representative.
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