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Healthcare employees pay more for health insurance

Posted On Tue, September 13, 2011

Health insurance spending is 10 percent more for hospital employees than it is for the rest of the population, according to a recent study by of Thomson Reuters.

The study, which analyzed 1.1 million hospital workers and their dependents, noted that these people and their dependents were 22 percent more likely to visit the emergency room, and also do not attend traditional physicians as often as non-employees.

"Ideally, the healthcare workforce would be a model for healthy behaviors and the appropriate use of medical resources," said Dr. Raymond Fabius, chief medical officer for the Healthcare business of Thomson Reuters. "Unfortunately, our data suggests that the opposite is true today. Hospitals that tackle this issue can strengthen their business performance and community service."

For every 1 percent declination in health risk for these consumers, a group of 16,000 people would save approximately $1.5 million in both medical and pharmaceutical costs.

Those who work in the healthcare industry may want to go the extra mile and look at multiple insurance options before making a decision. This could benefit the consumer in the long run, and save them money.

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