Survey Reveals Most HR Professionals Want Government to Play Role in Regulating Healthcare Costs
Jury Out on Whether Either Political Party Can Make a Difference
| Source: Workscape, Inc.
MARLBOROUGH, MA--(Marketwire - August 21, 2008) - A majority of corporate human resource
managers believe the federal government should play a role in regulating
healthcare costs and coverage, but neither political party offers a
clear-cut resolution. This information was revealed via recent survey of
human resource professionals commissioned by Workscape, a leading provider of
outsourced benefits and talent management solutions.
The 1,242 respondents were almost evenly divided on whether the viewpoints
of either John McCain or Barack Obama could
positively affect the current state of rising health care costs and
coverage in the United States. However, almost half of those surveyed felt
that neither the Republican nor Democratic party would be effective in
addressing the issue.
Recent statistics show that millions of Americans are uninsured or
underinsured because of the rising costs of medical care. Forty-seven
million Americans -- including nine million children -- lack health
insurance entirely.
"Even though our survey respondents showed skepticism about the two
political parties, the upcoming political conventions present a significant
forum for each candidate to clarify his position on healthcare costs and
coverage," said Workscape's President and Chief Executive Officer Tim
Clifford. "As our survey results validate, healthcare costs remain
front-and-center in the minds of both HR professionals and the employees
they serve."
Clifford added: "Many progressive organizations are already taking steps to
minimize the impact to their employees and their bottom line, but it's
clear that the majority of those we polled are looking to the government to
play a proactive role."
The purpose of the Workscape survey was to gain insight into the trends and
techniques that HR professionals employ to address healthcare
benefits-related activities for their employees. Respondents represented a
diverse array of industries and organizations -- from small employers to
those with a workforce of over 10,000 -- and revealed additional
information regarding adoption of consumer-driven healthcare plans, health
and disease management programs and other related topics.
For more information, or to request a copy of the study, please visit
www.workscape.com.
About Workscape
Workscape is a leading provider of business-critical HR solutions that
enable hundreds of organizations to manage their two largest workforce
expenditures: employee benefits and performance-driven compensation.
Workscape's offerings share a common technology platform, can be readily
integrated with existing IT investments, serve millions of employees, and
are scalable and configurable to meet the distinct requirements of
organizations ranging from 2,000 to over 400,000 employees. One client uses
the company's award-winning multi-lingual compensation solution to
compensate hundreds of thousands of employees across 70 countries.
Workscape has outsourced benefits administration offerings backed by
U.S.-based 7 x 24 support for managers and employees on policies and
processes.
For more information about Workscape, visit www.workscape.com or call (888)
605-9620.