Acknowledging Rising Healthcare Costs

employersSan Diego is one of the best places in the country to live and work. But we’re not immune to the trend of rising health care costs. Health care spending in the United States is expected to reach $4.8 trillion in 2021, up from $2.6 trillion in 2010 and $75 billion in 1970.

These rising costs affect all San Diego employers—whether you’re a lean tech startup, a Fortune 500 company, a defense contractor or a health system. It also affects your employees.

Consider This:

  • Since 2003, health insurance premiums have increased by 80 percent.
  • In 2013, annual premiums for employer-sponsored family health coverage exceeded $16,000, with workers on average shouldering $4,565 of this cost.

How do we reverse this cost trend and take the pressure off both your business and your employees?

Health information exchange (HIE) through San Diego Health Connect is an important piece of the effort to do just that.

Health Information Exchange (HIE):
A Necessary Foundation for Cost and Quality Improvement

To lower costs, health plans are partnering with health care providers to create innovative care-delivery and reimbursement systems that reward value and quality over volume. They are also seeking to reduce waste in the system, which accounts for an estimated 20 to 30 percent—or $800 billion—of annual healthcare costs.

Community-wide health information exchange is the foundation for these efforts.

When every individual’s health information records are securely available to their doctors when and where they need it:

  • Doctors can provide better, more informed care.
  • Duplication of tests and procedures decreases.
  • Costs go down.

San Diego Health Connect securely connects hospitals, health systems, patients, private health information exchanges (HIEs) and other healthcare stakeholders—so that they can share important health information. As a not-for-profit organization, our sole purpose is to serve every member of the community and improve healthcare for everyone.

Contact us to learn how you can get involved in this service to the community.