What we're doing to control health costs
Health care costs continue to rise, leading to higher premiums. We're concerned about rising health care costs. We are listening to members who are worried about being able to afford health insurance.
We're responding to the challenge. We've launched a sustainable health initiative that will lead to $30 million in savings in its first three years, with an additional $15 million in savings expected after that. We're working with others in the state to control costs and keep your doctor's bills as low as possible. We're also doing our part to keep our internal costs needed to run the business, already among the lowest in the nation, low.
But one of the main reasons health care costs are increasing is that we are using more health care services. We also are not taking care of ourselves as well as we could. Did you know that preventable chronic diseases like diabetes and high blood pressure account for 75 percent of U.S. health care spending? In North Dakota alone, diabetes rates have increased by 44 percent in the last decade. A recent study found that the 1 percent of privately-insured patients who use the most care account for more than a quarter of the nation's health care costs.
Something needs to be done. We're leading efforts to help improve the health of members and help prevent and manage chronic conditions such as diabetes through our statewide MediQHome program. MediQHome leads to greater collaboration between doctors and medical providers for those with chronic conditions (see graphic above). The program works by allowing your doctor to coordinate and more closely monitor your care to make sure you receive needed screenings, early prevention and care so you remain healthier and use less health care services. This in turn keeps costs down for all members.
We're listening to you and leading efforts to improve health care in North Dakota. Join us. Click here to see if your doctor participates in MediQHome. We can all help to lower health care costs and improve our health by taking better care of ourselves, making healthy choices and exercising. We can also talk to our doctors about our family histories, risk factors and any screenings they think we should have.