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Health insurance premiums up 70% since 2005

As if we needed another reminder that change is necessary. This well crafted article http://www.jsonline.com/business/health-care-costs-for-family-of-four-to-top-20000-d95e6f2-151550145.html by Guy Bolton explains what is happening to families as health care costs continue to spiral out of control. In my new book Potent Medicine https://www.createvalue.org/delivery/books-media/new-potent-medicine I describe the fundamental factors contributing to this cost crisis and what is working to fix the problem. From an employer perspective, the continued purchasing of health insurance based on the size of discounts received from providers is one of the clear root causes.Why does this continue? Why not build benefit plans that encourage employees to seek care from high value providers? The data in Wisconsin and other states is available now http://www.wchq.org/ http://www.wicheckpoint.org/index.aspx to determine who the high value providers are. If insurance premiums are to ever come down it will take courage from employer and government payers to say enough is enough, stop buying on discounts!

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