Purchaser Business Group on Health Highlights Employers' Concerns Over Healthcare Costs and Transparency
The Purchaser Business Group on Health (PBGH) has released a report detailing the primary healthcare concerns of its large employer members. The report identifies the escalating affordability crisis as the most pressing issue, alongside a growing demand for transparency in healthcare pricing and data analytics. Elizabeth Mitchell, president and CEO of PBGH, emphasized the urgency of these concerns, noting that employers are increasingly seeking new models, such as alternative pharmacy benefit managers (PBMs), to manage costs more effectively. The report is based on a survey of over two dozen PBGH members, representing some of the largest employers in the United States. These employers are also facing increased fiduciary responsibilities, necessitating a clearer understanding of healthcare expenditures and value. The study also highlights other significant areas of concern, including pharmacy costs, mental and behavioral health, weight management, and cancer treatment.