The Opioid Epidemic and Health Plans

The challenges opioid abuse presents are part of a broader evolution of the health insurance product. An insurance plan's market share is increasingly determined by the quality of care as well as the cost of the coverage. Identifying appropriate care or prevention strategies, defining populatio...

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Bibliographic Details
Published in:Journal of financial service professionals 2017-09, Vol.71 (5), p.40
Main Author: Custer, William S
Format: Article
Language:English
Subjects:
Drug abuse
Epidemics
Health insurance
Market shares
Narcotics
Patient education
Quality of care
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Summary:The challenges opioid abuse presents are part of a broader evolution of the health insurance product. An insurance plan's market share is increasingly determined by the quality of care as well as the cost of the coverage. Identifying appropriate care or prevention strategies, defining populations at risk, and determining the most effective methods for realizing health outcomes are all important components of a well-designed insurance plan. The opioid abuse epidemic has direct impact on costs and outcomes. Reducing those effects requires integrating plan design, provider payments, population health, and patient education.
ISSN:1537-1816
2381-8875