• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Galen Institute

A not-for-profit health and tax policy research organization.

  • Home
  • About Us
    • Mission and History
    • Officers and Trustees
    • Scholars and Staff
    • Who was Galen?
  • Activities
    • Core Activities
    • State Leaders Calls
    • Commentary and Oped Tutorial
    • Our Book
    • Galen Guides
  • Donate
  • Contact Us
  • Major Papers
  • Broadcast Interviews

The Performance and Potential of Consumer Driven Health Care

POSTED BY Galen Institute on February 25, 2004.

In testimony before the Joint Economic Committee, Howard Leach, head of human resources for Logan Aluminum in Kentucky, related his company?s positive experience with consumer directed health care for the company?s 1,000 workers. The company CUT its health costs by 18.7% in 2003 over 2002, ?an improvement of $925,000 in the company?s bottom line,? Leach said. Logan tailored an Aetna HealthFund package to include incentive deposits into employees? health accounts, averaging $418.75 for each employee. Employees earn deposits to their accounts by getting annual health risk appraisals, and more than 90% are now participating in health management programs. The net effect of employee out-of-pocket costs was an increase of only $200 per employee for the year, comparable to the national average.


Click here to read the testimony.

Filed Under: Uncategorized

The Performance and Potential of Consumer Driven Health Care

POSTED BY Galen Institute on February 25, 2004.

In testimony before the Joint Economic Committee, Howard Leach, head of human resources for Logan Aluminum in Kentucky, related his company?s positive experience with consumer directed health care for the company?s 1,000 workers. The company CUT its health costs by 18.7% in 2003 over 2002, ?an improvement of $925,000 in the company?s bottom line,? Leach said. Logan tailored an Aetna HealthFund package to include incentive deposits into employees? health accounts, averaging $418.75 for each employee. Employees earn deposits to their accounts by getting annual health risk appraisals, and more than 90% are now participating in health management programs. The net effect of employee out-of-pocket costs was an increase of only $200 per employee for the year, comparable to the national average.


Click here to read the testimony.

Filed Under: Uncategorized

Primary Sidebar

NEW – OF INTEREST

Health Care Choices 20/20:

A Vision for the Future


See the latest interview of Grace-Marie Turner on C-SPAN

SEARCH

Categories

  • Brian Blase
  • Consumer-Directed Care
  • Doug Badger
  • Grace-Marie Turner
  • Health Insurance
  • Health Savings Accounts
  • Innovation
  • Medicaid
  • Medicare
  • Newsletter
  • ObamaCare
  • Prescription Drugs
  • Published
    • Forbes
    • Fox Business
    • Health Affairs
    • LA Times
    • National Review
    • New York Post
    • RealClearHealth
    • The Daily Signal
    • The Hill
    • The New York Times
    • The Wall Street Journal
    • The Washington Times
  • Reform Initiatives
  • State Issues
  • Uncategorized

LATEST NEWSLETTER ISSUES

SUBSCRIBE

Social Media

Like Us On Facebook

Twitter: @galeninstitute

 

Copyright Galen Institute, Inc © 2021; · Log in