White Paper: The Value of Voluntary Provider Networks in Enabling Claims Excellence

Over the last decade, overall health care costs have continued to rise at rates that significantly outpace inflation. According to the Bureau of Labor Statistics, medical costs have grown at nearly twice the rate of the Consumer Price Index (CPI) between 2000 & 2010. This is largely due to soaring hospital and pharmacy charges, increased costs associated to medical technological advances, and the increased costs of medical services provided by physicians to treat patients. This dramatic increase in costs requires Healthcare, Workers Compensation, and Property & Casualty insurers to find new and innovative ways to control these costs while continuing to improve the quality of care and extending and enhancing the benefit received by the insuredall while providing ever increasing levels of customer service to their member communities.

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1/24/2011