{"id":4216,"date":"2023-07-13T18:45:44","date_gmt":"2023-07-13T18:45:44","guid":{"rendered":"https:\/\/wifamily.news\/?p=4216"},"modified":"2023-07-13T19:10:34","modified_gmt":"2023-07-13T19:10:34","slug":"video-high-healthcare-costs-are-hurting-wisconsin-businesses","status":"publish","type":"post","link":"https:\/\/wifamily.news\/?p=4216","title":{"rendered":"VIDEO: High Healthcare Costs are Hurting Wisconsin Businesses"},"content":{"rendered":"<p>This post originally appeared at <a href=\"https:\/\/www.wmc.org\/press-releases\/video-high-healthcare-costs-are-hurting-wisconsin-businesses\/\">https:\/\/www.wmc.org\/press-releases\/video-high-healthcare-costs-are-hurting-wisconsin-businesses\/<\/a><\/p>\n<p><strong>MADISON<\/strong> \u2013 Wisconsin Manufacturers &amp; Commerce (WMC) \u2013 the combined state chamber and manufacturers\u2019 association \u2013 released a <span style=\"text-decoration: underline\"><a href=\"https:\/\/www.youtube.com\/watch?v=3GzePSxLw24\" target=\"_blank\" rel=\"noopener\">new video<\/a><\/span> Thursday covering one of the top challenges for Wisconsin employers: excessive healthcare costs.<\/p>\n<p>Wisconsin ranks fourth in the nation for highest healthcare costs, impacting consumers and employers alike. Recent data from the Wisconsin Employer Survey shows healthcare costs as a top challenge identified by businesses. WMC\u2019s Senior Director of Workforce, Education and Employment Policy Rachel Ver Velde is featured in the video alongside Walker Forge\u2019s CEO Willard T. Walker, Jr., sharing how healthcare transparency would positively benefit the state\u2019s business community.<\/p>\n<p>\u201cPrice transparency is critical to our company and the employers of Wisconsin,\u201d shares Walker in the Two-Minute Drill episode. \u201cPatients will refrain from seeing the doctor because they\u2019re unsure of how much it will cost. And that ultimately can create costs and problems for the state\u2019s workforce long-term.\u201d<\/p>\n<p>A legislative proposal, the Know Your Healthcare Costs Act, seeks to require more transparency from Wisconsin hospitals in alignment with already-enacted federal policies. Currently, only 45 percent of Wisconsin hospitals are fully compliant with federal regulation. The bill would require hospitals to make a machine-readable digital file publicly available that contains a list of standard charges for certain items and services provided by the hospital, as well as a consumer-friendly list of \u201cstandard charges\u201d for certain shoppable services.<\/p>\n<p>\u201cNinety percent of voters support greater transparency to better control healthcare costs,\u201d Ver Velde said. \u201cWisconsinites are rightfully concerned about the price of keeping their families healthy. Employers and employees should have the necessary tools to be informed consumers and find the best care for them.\u201d<\/p>\n<p>Other states have passed legislation similar to the Know Your Healthcare Costs Act in recent years in an effort to equip consumers with more information and lower healthcare costs. WMC is actively encouraging Wisconsin lawmakers to support the Know Your Healthcare Costs Act during this legislative session.<\/p>\n<p>\u201cGreater transparency will introduce market forces into healthcare, driving greater competition, lowering costs and empowering consumers and patients to take control of their healthcare,\u201d Walker states in the video.<\/p>\n<p><span style=\"text-decoration: underline\"><a href=\"https:\/\/www.youtube.com\/watch?v=3GzePSxLw24\" target=\"_blank\" rel=\"noopener\">Click here to watch the full Two-Minute Drill video.<\/a><\/span><\/p>\n<p style=\"text-align: center\">###<\/p>\n<p>The post <a rel=\"nofollow\" href=\"https:\/\/www.wmc.org\/press-releases\/video-high-healthcare-costs-are-hurting-wisconsin-businesses\/\">VIDEO: High Healthcare Costs are Hurting Wisconsin Businesses<\/a> appeared first on <a rel=\"nofollow\" href=\"https:\/\/www.wmc.org\">WMC Wisconsin&#8217;s Chamber <\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This post originally appeared at https:\/\/www.wmc.org\/press-releases\/video-high-healthcare-costs-are-hurting-wisconsin-businesses\/ MADISON \u2013 Wisconsin Manufacturers &amp; Commerce (WMC) \u2013 the&#8230;<\/p>\n","protected":false},"author":2,"featured_media":440,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-4216","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-wmc"],"_links":{"self":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/4216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=4216"}],"version-history":[{"count":1,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/4216\/revisions"}],"predecessor-version":[{"id":4217,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/posts\/4216\/revisions\/4217"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=\/wp\/v2\/media\/440"}],"wp:attachment":[{"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=4216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=4216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wifamily.news\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=4216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}