| VOLUME 1 | ISSUE 1 | APRIL 2009 |
Educate. Inform. Empower. We welcome you to the inaugural issue of "The RMP Advisor," from Risk Management Partners LLC and PATH®. This upgraded version of our newsletter contains the same content and policy updates as before, and much more. Our purpose is to educate, inform, and empower you around the many critical issues in health care and health benefits that impact all of us. We'll help you understand why health care costs so much and, more importantly, what you can do about it.Start by reading about the concept of health care "value," as defined by The Business Roundtable, in our feature article below. Give me a call at 610-975-4415 or email me to discuss value-based purchasing of health care.
| David Edman Managing Partner Risk Management Partners, LLC |
Is Your Company Getting Its Money's Worth?
In health care (as in life), we seek the wisdom to distinguish between those factors within our control from those beyond our control. Healthcare costs WILL have a major impact on the future financial viability of your business. At a minimum, learn how to outrun your competition. When the angry grizzly bear approaches the two hikers in the wilderness, the first hiker said to the second, "I don't have to outrun the bear; I just have to outrun you!" The government has told us that the employer-based system of health insurance will remain intact. Don't wait for a government fix — learn what you can do today to stay one step ahead of your competition. Our most important advice — to be proactive. Read more.Case Study: Local Firm Uses HSA Strategy To Reduce Healthcare Costs
After 5 consecutive years of double-digit inflation in health benefit costs, learn how one RMP client is gaining the upper hand. By offering a low cost high deductible plan with a Health Savings Account (HSA), funding a significant portion of the deductible amount, and engaging the employees in the healthcare decision-making process, both employer and employees are getting greater 'value.' Read more.
Policy Update: How Will Healthcare Reform Impact Your Business?
Efforts to "reform" our health care system in this country have taken place for decades. A recently published report from the Kaiser Family Foundation ("National Health Insurance—A Brief History of Reform Efforts in the U.S.") highlights these efforts beginning with New Deal calls for government subsidized health care through the failed attempt at universal coverage in the early 1990s. The reader will gain an interesting perspective on what has lead up to the Obama administration's efforts at health system reform. See the latest here.Readers might also be interested in: Each month we provide a list of recently-published articles you'll likely not want to miss! |
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Health Savings Accounts Thrive In Downturn (Investment News) |
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12 Ways To Cut Health Care Costs (Harvard Medical School) |
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Massachusetts Faces Costs of Big Health Care Plan (New York Times) |
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Health Insurers, NFIB Now Friends, Not Foes, On Reforms (Washington Business Journal) |
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| Eating Well. Buy local and what is in season in order to maximize your nutrients. Products that are deeper in color are more flavorful and higher in nutrients. With spring here, peaches, melons, grapes and strawberries will be in season shortly. Enjoy the taste of fresh produce and support your local vendors, and you will feel energized! Read more. | ||
About RMP
RMP draws on more than three decades of experience inside the healthcare industry, using a risk management approach, to create smarter purchasers and consumers of healthcare — exposing wasted spending and helping clients get consistent maximum value for their healthcare dollar.
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David Edman, Managing Partner
Risk Management Partners, LLC
175 Strafford Avenue, Wayne, PA 19087
610-975-4415
http://www.rmpllc.biz
© 2009 Risk Management Partners, LLC. All Rights Reserved. This newsletter produced by FulcrumTech, LLC.