TITLE

What Every CFO Should Know – And Do – About Medical Benefits

AUTHOR(S)
Jones, Michael B.; King, Melissa; Toder, Charles
PUB. DATE
July 1998
SOURCE
Financial Executive;Jul/Aug1998, Vol. 14 Issue 4, p38
SOURCE TYPE
Academic Journal
DOC. TYPE
Editorial
ABSTRACT
The article comments on the role of chief financial officers (CFO) in the controversy over the cost of providing health care plans for employees. Companies including Merck, General Electric, General Motors, Lockheed Martin, Armco and Bethlehem Steel are trying to control costs by forming interdepartmental teams that include CFOs to oversee medical benefits and to keep their strategies for health care and business goals aligned. Managed medical care plans such as health-maintenance and preferred-provider organizations are believed to be cost effective. INSET: Pricing With a Purpose.
ACCESSION #
11863028

 

Related Articles

  • Chipped teeth. BRIDGEFORD, LYDELL C. // Employee Benefit News;Feb2009, Vol. 23 Issue 2, p26 

    The article explores the impact of the current economic recession in the U.S. on the dental benefits being offered to employees. It provides an overview of some of the things that employers may consider regarding dental coverage during a downturn. Melissa Wagner of DenteMax, a dental preferred...

  • Annual family health care costs rise above $22,000.  // Benefits Selling;Jul2013, Vol. 11 Issue 7, p16 

    The article offers information on the 2013 Milliman Medical Index which states that the annual health costs of a family of four rose to 22,000 dollars for 2013 compared to 20,728 dollars from 2012 which is an increase of 6.3% for employer-sponsored preferred provider organization. It states that...

  • New ideas help take the bite out of dental coverage. Whalley, John // Fort Worth Business Press;5/14/2004, Vol. 17 Issue 20, p34 

    Focuses on the dental coverage in the U.S. that are offered by companies to their employers. Reason for the move of some companies to drop dental coverage; Information on dental health maintenance organizations and preferred provider organizations; Details of the different dental plan types...

  • A Checkup for Health Benefit Offerings. Birschel, Dee // Benefits Quarterly;2002 Second Quarter, Vol. 18 Issue 2, p92 

    The article presents an abstract of the paper "A Checkup for Health Benefit Offerings," by Michelle H. Buckley, previously published in the September-October 2001 issue of the journal "Compensation and Benefits Review." Benefit managers should evaluate their health plans on a regular basis to...

  • Health insurance for small businesses. Buescher, Patricia // Oregon Business Magazine;Sep2004, Vol. 27 Issue 9, p43 

    Reports that Oregon's Small Employer Health Insurance Act (SEHI) means that small businesses are guaranteed access to health insurance for their employees. Health maintenance organization; Preferred provider organization; Traditional fee-for-service plan; Premium rates for SEHI plans are...

  • Health plan costs to rise 10.5 percent.  // Benefits Selling;Oct2009, Vol. 7 Issue 10, p20 

    The article discusses trends in employer-provided health plans costs in 2010 based on the research conducted by Aon Consulting. The firm revealed the projected increase in health care costs by 10.4% for health maintenance organizations (HMOs),10.4% for point-service (POS) health plans, 10.7% for...

  • Renewed Emphasis On Consumer Cost Sharing In Health Insurance Benefit Design. Robinson, James C. // Health Affairs;May/Jun2002, Vol. 21 Issue 3, p16 

    As health care inflation surges and consumers spurn tightly managed health insurance products, employers and insurers are turning to increased cost sharing and benefit redesign to moderate premium increases. This paper by James Robinson explores how employers are turning away from comprehensive...

  • A swing in preferences. Merx, Katie // Crain's Detroit Business;11/29/2004, Vol. 20 Issue 48, p11 

    This article reports that companies can save health insurance premiums by switching from a commercial insurer to a new preferred-provider plan. What employers are finding, in addition to more consumer directed health plans and health savings accounts, are an increasing number of health plans...

  • Compensation and Benefits.  // HR Magazine;May2007, Vol. 52 Issue 5, p123 

    The article reports that Boloto Health Benefits Inc. has launched the Boloto Health Benefits Plans. The new benefits plans offer businesses with more than 25 employees comprehensive, zero-deductible and low co-pay health care coverage and give plan participants access to more than 400,000 health...

Share

Read the Article

Courtesy of THE LIBRARY OF VIRGINIA

Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics