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Assume the role of a consultant advising a benefits manager for a local telecommunications organization

QUESTION

Assume the role of a consultant advising a benefits manager for a local telecommunications organization. The company is self-funded and has 25,000 employees, dependents, and retirees eligible for heal

Assume the role of a consultant advising a benefits manager for a local telecommunications organization. The company is self-funded and has 25,000 employees, dependents, and retirees eligible for health benefits. The employees are currently enrolled in a managed PPO plan administered by a commercial insurer. The employer’s health plan costs increased by 15% over the prior year. Therefore, leaders are considering more cost-effective options.

Identify at least three challenges that healthcare organizations will need to monitor in the future. Next, compare the three options and make a recommendation based on your comparisons.