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Coordinated Health/Care(TM) Saves Participating Employers $1000+ per Employee in 2008
Date:5/18/2009

with 61% of the total population of a participating group, including 98% of those with claims >$10K and 92% of those with chronic conditions.

The financial results are both significant and sustainable. Over the past ten years, Coordinated Health/Care has held claims trend to an average of 4%-5%, against a comparable industry average of 10%-12% (for employer groups that have not cost-shifted or reduced benefits). Fully 60% of participating employers saw a negative trend in the first year. Additionally, 89% of groups that have had Coordinated Health/Care for 3+ years experience an average annual trend below industry trend. CAGR (Compound Annual Growth Rate) for this set of groups averages 4.1% -- a translation of 6-7 points per year. The cumulative impact is that approximately one-third of these groups' claims are 17% below industry trend. All of this is accomplished without cost shifting or changing benefits or networks.

Additionally, 92% of respondents say they are "extremely" or "very" satisfied. Concludes Trott, "The best news of all is that employers can use their health plan to reduce costs while actually helping their employees more."

Quantum Health, based in Columbus, Ohio, operates Coordinated Health/Care programs in employee benefit plans nationwide. To learn more about Quantum Health and Coordinated Health/Care programs, visit www.Quantum-Health.com.


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SOURCE Quantum Health, Inc.
Copyright©2009 PR Newswire.
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