This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Aon Hewitt Partners With Catalyst For Payment Reform To Develop Strategies For Achieving Higher-Value Health Care In The U.S.

LINCOLNSHIRE, Ill., June 10, 2013 /PRNewswire/ --  Aon Hewitt, the global talent, retirement and health solutions business of Aon plc (NYSE: AON), today announced it is the first global consulting firm to become an active member of Catalyst for Payment Reform (CPR), an independent, non-profit employer coalition pushing for better value in U.S. health care.

(Logo:  http://photos.prnewswire.com/prnh/20100719/AQ37264LOGO)

Through the partnership, Aon Hewitt will work closely with Catalyst for Payment Reform and its 29 employer and state Medicaid, employee and retiree members to assist Aon Hewitt's clients in evaluating and adopting provider payment strategies and techniques that promote cost effective, high-quality health care for their workforces.

"The $2.7 trillion U.S. health care system is undergoing rapid transformation, as both public and private payers desire a system that produces better health outcomes at a more efficient cost," said Jim Winkler, chief innovation officer for Health & Benefits at Aon Hewitt. "Employers are looking at adopting more aggressive data-driven techniques to improve health care purchasing and to shift the payment focus toward services and providers that produce higher quality outcomes."

"By working in collaboration with Catalyst for Payment Reform, we can support our clients' efforts and contribute to CPR's mission of working toward a health care system in which employers and providers are aligned, with payments to doctors and hospitals that reflect the value of the care they provide," added Christina Miles, vice president, Health & Benefits at Aon Hewitt and the project leader for Aon Hewitt's involvement with CPR.

According to Aon Hewitt's 2013 survey of nearly 800 large and mid-size U.S. employers covering more than 7 million employees, 53 percent said that moving toward provider payment models that promote cost effective, high quality health care will be a part of their future health care strategy, and one in five identified it as one of their three highest priorities. 

"Catalyst for Payment Reform's shared purchaser agenda outlines a movement toward a higher-quality, more affordable health care system through changing how we pay for care," said Suzanne Delbanco, executive director of Catalyst for Payment Reform. "Critical to our success is partnering with leading consultants that help employers navigate the complexities of health care and advise them on how to design effective health strategies that lower costs and improve employee health. We are thrilled to have Aon Hewitt as the first consulting firm committed to working with clients to develop and execute strategies that will reduce unnecessary expenses and thus create more efficiency in the way they purchase health care."

For more information on Catalyst for Payment Reform, visit www.catalyzepaymentreform.org

Sign up for News Alerts:  http://aon.mediaroom.com/index.php?s=58 Follow Aon Hewitt on Twitter @AonHewitt

About Aon Hewitt Aon Hewitt empowers organizations and individuals to secure a better future through innovative talent, retirement and health solutions. We advise, design and execute a wide range of solutions that enable clients to cultivate talent to drive organizational and personal performance and growth, navigate retirement risk while providing new levels of financial security, and redefine health solutions for greater choice, affordability and wellness.  Aon Hewitt is the global leader in human resource solutions, with over 30,000 professionals in 90 countries serving more than 20,000 clients worldwide.  For more information on Aon Hewitt, please visit www.aonhewitt.com.

About Aon Aon plc (NYSE:AON) is the leading global provider of risk management, insurance and reinsurance brokerage, and human resources solutions and outsourcing services. Through its more than 65,000 colleagues worldwide, Aon unites to empower results for clients in over 120 countries via innovative and effective risk and people solutions and through industry-leading global resources and technical expertise. Aon has been named repeatedly as the world's best broker, best insurance intermediary, reinsurance intermediary, captives manager and best employee benefits consulting firm by multiple industry sources. Visit www.aon.com for more information on Aon and www.aon.com/manchesterunited to learn about Aon's global partnership and shirt sponsorship with Manchester United.



1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,982.59 +22.02 0.13%
S&P 500 1,978.91 +0.57 0.03%
NASDAQ 4,444.9090 -4.6550 -0.10%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs