Category Archives: Policies and Incentives

Isn’t It Time You Knew… How Employee Tenure Status Drives the Use of Health Benefits?

The Analysis When an employee is about to be terminated, their consumption of health benefits increases by over 50%. Previous HCMS Group research indicates that the difference in cost for terminating employees is largely due to the incentives generated by their pending change in benefits coverage (55%). The rest of the cost disparity is explained… Continue Reading

Isn’t it Time You Knew… How Employee Compensation Impacts Human Capital Risk?

The Analysis Figure 1 illustrates the relationship between the HCMS Human Capital Risk Index® (HUI) and employee compensation. The HUI uses a broad set of person-centric integrated medical, pharmacy, and lost time metrics (including disability data) to produce the HUI risk score. The HUI score adjusts for most demographic variables such as age and gender.… Continue Reading

Isn’t it Time You Knew… That Your Health Plan Design Impacts Employee Work Performance?

Introduction Health plan design not only impacts employee engagement and lost time, but also how well year-end productivity goals are met (or not met). When it comes to the three health plan types featured below, high-deductible health plans produces the most engaged and highest-performing employees. Most Likely to Exceed Year-End Goals Employees that choose a high-deductible… Continue Reading

Healthcare Reform Webinar Series: Video 1

HCMS Group CEO Dr. Hank Gardner and CCO Shawn Petrini, MSN discuss “big data,” current trends in healthcare reform, the 5% of a population that is driving over 50% of health benefit costs, and an effective healthcare reform model in HCMS Group’s first webinar in the Healthcare Reform Series. Discover how multiple health plans drive… Continue Reading

Health Plan Type Affects Worker Lost Time: HCMS Connects the Dots with “New Thinking” Research Discoveries

As part of HCMS Group Healthcare Reform research, HCMS has explored the relationship between health plan type and worker lost time from disability and workers’ compensation benefits. Key Finding Employees enrolled in a PPO (Preferred Provider Organization) health plan had 41% more lost time when compared to employees enrolled in an HDHP (high-deductible health plan).… Continue Reading

Video 5 of Hank Gardner’s Series: Human Capital Risk Index — Population Risk Stratification

In order to manage risk, you need to be able to predict it. Health benefit costs continue to rise at an unsustainable rate. Thirty to forty percent of costs are driven by over-utilization and waste. This waste cannot be analyzed with reactive cost reports and analytics; you need a comprehensive, predictive risk assessment. HCMS Group’s… Continue Reading

Video 3 of Hank Gardner’s Series: Which benefits are driving your company’s cost waste?

Employee Population Risk Stratification with an Integrated Benefits View As we have presented in earlier videos, we know that 5% of employees drive over 50% of a company’s health benefit costs, but which benefits are driving the most cost and waste? Watch the third video in Dr. Hank Gardner’s “New Thinking Paradigm” Series to hear his… Continue Reading

Video 2 of Hank Gardner’s New Thinking Paradigm Series

    Dr. Harold (Hank) Gardner is the founder and CEO of HCMS Group. His 40+ years of experience in healthcare delivery, health economics, and health professions education coupled with the use of HCMS’s unmatched Research Reference Database (RRDb) fuels his “new thinking” disruptive solutions for the healthcare cost and quality problem. Dr. Gardner’s second… Continue Reading

Health Risks and Cost Risks are not the same

The weak association between health risks and near-term health care utilization There is a widely-held belief that companies can reduce healthcare costs by encouraging healthy behaviors. This presumption is based on decades of research showing that: a) Health risks (such as smoking, inactivity, and obesity) increase the chances of chronic disease      over time… Continue Reading