Post by Logan on Feb 24, 2016 1:45:16 GMT -6
Self-insuring state employees might not affect workers’ benefits and premiums, and it wouldn’t pose much financial risk to the state, a UW-Madison business professor said Tuesday.
But the move could disrupt the health care system — especially in Dane County, where several provider-owned HMOs compete for state workers, Justin Sydnor said during a UW-Madison faculty forum.
“There is a risk that a move like that could destabilize and change our provider network and our general health care system,” Sydnor said.
If some providers fail and are taken over by others, “that concentration has been shown, in many places in a lot of good research, to lead to rising health care costs,” he said.
Read more: host.madison.com/wsj/news/local/health-med-fit/self-insurance-could-disrupt-health-care-market-uw-business-prof/article_f06ea538-2396-5b7c-b17d-abb77da33cd5.html
But the move could disrupt the health care system — especially in Dane County, where several provider-owned HMOs compete for state workers, Justin Sydnor said during a UW-Madison faculty forum.
“There is a risk that a move like that could destabilize and change our provider network and our general health care system,” Sydnor said.
If some providers fail and are taken over by others, “that concentration has been shown, in many places in a lot of good research, to lead to rising health care costs,” he said.
Read more: host.madison.com/wsj/news/local/health-med-fit/self-insurance-could-disrupt-health-care-market-uw-business-prof/article_f06ea538-2396-5b7c-b17d-abb77da33cd5.html