It is the right care at the right price at the right time that is needed to drive a high value, affordable healthcare system.
Healthcare premiums for the average Kentucky family with employer-sponsored insurance exceeds $20,000, $14,000 paid by the employer and $5,000 by the worker. That cost is more than a third of the U.S. median household income and is nearly 40% of median household income in Kentucky.
Employers are the sleeping giants in controlling healthcare costs, and often feel at a loss for how to control their rising healthcare costs year after year. It is critical to activate all size purchasers of healthcare to drive an accountable, high value healthcare system. The KHC works collaboratively with multiple healthcare stakeholders to improve health, price, and waste and move toward a more affordable, value-based healthcare delivery system that does not incentivize volume over value.