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News Release
New Jersey Businesses Commit to National Initiative for Improving Quality and Value In Health Care In a meeting today in New Jersey with HHS Secretary Mike Leavitt, executives from New Jersey businesses signed statements of support for a national initiative aimed at improving health care quality, information and cost-effectiveness for employees and their families. Employers signing on include American Standard, AT&T, Bristol-Myers Squibb, Commerce Bank, C.R. Bard, Gateway Chamber of Commerce, Honeywell, Horizon Healthcare Services (BCBS of NJ), Medco, New Jersey Chamber of Commerce, Partners In Care, Corp., Public Service Enterprise Group, Sanofi-aventis, Schering-Plough, Solar Compounds Corporation and Wegmans. In signing statements of support, the executives pledged to provide quality and price information about doctors, hospitals and other medical providers for all enrollees in their health care insurance programs. This information will help employees choose health care providers based on the quality of care they deliver and the prices they charge. In addition, the employers will support health information technology by encouraging the use of recognized interoperability standards in the health IT products used by their health plans. They also pledged to develop incentives for achieving better value in health care, including incentives for high quality care and for more active involvement by employees in choosing their health care services. President Bush committed federal health programs to the four cornerstones through an Executive Order last August. In November, Secretary Leavitt invited all employers, in both the private and public sectors, to take these same four steps. By committing to these goals, he said, "Our individual actions will be aligned toward reaching the common national goal of better health at lower costs for all Americans. Today, more than a dozen purchasers here in New Jersey are joining with the federal government in adopting the four cornerstones of value-driven health care. All together, they cover more than 1.8 million lives." By committing to these actions, the New Jersey employers are joining a growing number of states and companies that are pledging to make quality and price information available to health plan enrollees in order to enable them to compare providers when they purchase health care services. "I am proud that leading New Jersey employers are choosing to support these four cornerstones to achieve better health care and better value for employees and their families," Secretary Leavitt said. "Until now, it has not been possible for patients to learn in advance about the quality of care they can expect to receive from a provider, or the cost of the services they will incur. By making this information available, employers can help their employees get better care and better value in health care." For most purchases, consumers expect to compare cost and quality as they make decisions. But until now, this information has not been available in the health care sector. Patients have not been able to compare provider performance, either on dimensions of quality or on cost. "With the commitment that employers like these are now making, this situation will change," Secretary Leavitt said. "Patients will come to expect quality and performance information about health care providers. They will expect to have price or cost information in advance to make good value decisions about their care. They will use this information to improve health care value for themselves and their families. And the choices they make will help improve value and health care quality across the health care sector." Six regional pilot projects were established last year under the Better Quality Information for Medicare Beneficiaries (BQIMB) project, in Massachusetts, Indiana, Wisconsin, Minnesota, Arizona and California. These organizations also support the four national goals, referred to by Secretary Leavitt as "cornerstones" for improving health care value. More information is available at www.hhs.gov/transparency. For a full list of companies who have signed statements of support, including those signing in New Jersey today, visit: http://www.hhs.gov/transparency/employers/statements.html.
### Note: All HHS press releases, fact sheets and other press materials are available at http://www.hhs.gov/news. Last revised: February 15, 2007 |
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