FMN Business Management and Organization

FMN - 2020/April, Seg.3 - Rising Healthcare Costs: Cause and Effect

In recent years, healthcare costs have been increasing exponentially for employers, and the burden on the workforce has reached a point where health benefits are losing ground in the hiring and retention process. Even though the affordability of healthcare may have a direct correlation with one's salary, annual salary increases, if any, are not nearly enough to absorb the even faster growing healthcare costs. In addition to the rising costs, annual deductibles are often north of $1,500, and as a result, lower income workers and families opt out of insurance coverage. Matt Wolf, Director, Health Care Senior Analyst with RSM US LLP discusses some of the key factors driving those increases.

Learning Objectives:

Upon completing this segment, you should be able to:

  • Identify reasons attributable to the increase of healthcare premium;
  • Recognize the purpose of global strategy on digital health;
  • Identify what executives need to focus on when it comes to the insurance benefits they offer to hire and retain their workforce; and
  • Recognize the importance of the human element and AI in healthcare.

Prerequisites/Advanced Preparation:

Work experience in a corporate staff environment, or an introductory course in management.

Speaker / Author:

FMN Online
SmartPros Ltd. is a leader in online and offline continuing education for
accounting, finance and engineering professionals. With over 2,000 hours of content, SmartPros has been providing mandatory continuing education products since 1981. SmartPros provides services and content to its professional and corporate clients, in a variety of media including Web, CD-ROM, and video. In the accounting market, SmartPros also has a predominant news and information portal which receives 200,000+ visits per month and provides services to over 100,000 subscribers. SmartPros' customers include 50% of the Fortune 500, as well as the major firms and associations in each of its professional markets.

Price (USD)

Standard: $69.90


Course Code : FMN1346-FM

Length : 1hr 40min
Course Level : Update
Course Type : QAS Self-Study
Passing Grade : 70%
Format Type : eLearning
Mobile Compatible
Field Of Study : Business Management and Organization

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