One of the primary reasons for the formation of the Business Health Care Group (BHCG) was a realization by the CEOs of some of the area’s largest employers that health care costs in southeast Wisconsin were significantly higher than in other Midwest cities. In 2003, the year BHCG was founded, a study sponsored by the Greater Milwaukee Business Foundation on Health (GMBFH) found that health care costs in southeast Wisconsin were 39 percent above the Midwest average. It was clear this disparity in health care costs could not continue if southeast Wisconsin’s employers were to compete on a national and international basis.
Leveraging our purchasing power and the collective experience and knowledge of leading employers and strategic partners, we have made remarkable progress in slowing health care cost trend for member employers.
This average annual trend increase compares to cost increases in southeast Wisconsin between five and 10 percent annually during the same period of time.
During BHCG's existence progress has been realized in making eastern Wisconsin a more cost competitive health care marketplace. However, much work remains if eastern Wisconsin is to sustain this progress.