Do you know the percentage of healthcare dollars spent by the costliest 5% of your workforce?
In a recent data brief*, the National Institute for Health Care Management Foundation delivered an analysis of Medical Expenditure Panel Survey data indicating that 50 percent of the healthcare dollar is spent by the costliest 5 percent of the workforce. This 5 percent is likely to have one or more chronic conditions and/or functional limitations. Also evidenced in this brief is the persistence of high-spenders, supporting the need for an effective chronic disease management program to contain healthcare expenditures.
*Schoenman, J. The Concentration of Health Care Spending. July 2012. NICHM Foundation Data Brief July 2012. http://www.nihcm.org/pdf/DataBrief3%20Final.pdf.