Taking Action Express: ACOs in Minnesota; LAST CHANCE: RSVP to Specialty Pharmacy Roundtable; Follow Us! October is Health Literacy Month
September 23, 2014
The Weekly Buzz: Minnesota Employers Gather to Discuss ACO Merits
There’s a lot of discussion these days about Accountable Care Organizations (ACO), but employers still need help understanding what they are, how they work, and who is developing them. The Action Group convened a group of employers, care systems, and physicians last week to discuss the ACO landscape in Minnesota and the tangible benefits such as healthier employees, better management of chronic conditions or high risk/cost patients, fewer lost days of work, risk-assuming reimbursement, and lower health care costs. Action Group CEO Carolyn Pare summarizes the event in her new blog.
Last Chance! RSVP to September 24 Roundtable on Specialty Pharmacy
At The Action Group’s September 24 roundtable discussion foremployer-members only, we will discuss the high cost of specialty pharmaceuticals and how we can collaborate to control spending, while ensuring access to life-enhancing and life-saving drugs. Please RSVP to Sue Jesseman: email@example.com, or 952-896-5186.
Not yet a member? Learn about the many benefits of Action Group membership, and how you can become involved in lively and timely roundtable discussions like this one.
Are You Following The Action Group Through Social Media?
If you are a fan of social media, you might enjoy following us on Facebook, Twitter and LinkedIn! We regularly post breaking news and items of interest to help you stay connected to The Action Group and industry news.
Planning Ahead: October is National Health Literacy Month
Did you know…
- People with low health literacy have an average annual health care cost of $13,000, compared to only $3,000 for those with high health literacy levels.
- Over 91 million Americans are functionally health illiterate.
- About 90 percent of adults have difficulty following routine medical advice because it is often incomprehensible to average people.
- Over 80 percent of patients age 60 and older at a public hospital could not read or understand basic educational materials.
- The average reading level of health communications materials is 10th grade, but the reading level of over 30 million Americans is 5th grade.
The following blogs from The Action Group offer many tools and tips for employers to use in improving health literacy among employees:
- The High Cost of Low Health Literacy by Carolyn Pare
- Bringing Choosing Wisely to Life by Jean Hanvik
- What You Don’t Know Can Hurt You by Barbara Tabor
What’s Your Reason?
“Whether you are spending a half-million or $25 million on annual health care costs, imagine saving even three percent on claims and premiums by taking advantage of The Action Group’s cost reduction and quality improvement initiatives. The small investment we make in membership dues is insignificant compared to what we gain.”
Nathan Morocco, Assistant Commissioner, Department of Human Services,
State of Minnesota