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What employers should know about direct primary care

What employers should know about direct primary care

The health and financial risks of traditional healthcare are leading employers to embrace a new approach: direct primary care. In this article, Thold Gill, Principal of Wellness Coalition America, an...

What employers should know about direct primary care
Shifting pharmacy benefit management from discounts to transparency

Shifting pharmacy benefit management from discounts to transparency

To manage rising pharmacy benefit costs, employers are challenging the status quo. Consider these six ways for employers to break an outdated cycle and shift to a transparent pharmacy benefit manageme...

Shifting pharmacy benefit management from discounts to transparency
Why the future of healthcare starts with better data

Why the future of healthcare starts with better data

The future of healthcare begins with employers leveraging their workforce data to improve benefits offerings, reduce costs and help employees achieve better health outcomes.

Why the future of healthcare starts with better data
How employers are closing the gaps in healthcare

How employers are closing the gaps in healthcare

Employer-sponsored healthcare is full of contradictions. Employers pay more and get less. Employees value their benefits, but aren't satisfied. How are employers working to close the gaps?

How employers are closing the gaps in healthcare
Room for improvement? How to evaluate this year's open enrollment

Room for improvement? How to evaluate this year's open enrollment

Another year, another benefits open enrollment in the books. So, how did you do? Before you turn to other business, it’s time to breathe, take stock of the process and evaluate what went well and whe...

Room for improvement? How to evaluate this year's open enrollment
Looking to improve the impact of your corporate wellness program? Prepare to get personal

Looking to improve the impact of your corporate wellness program? Prepare to get personal

Our experience and recent research on the subject finds that wellness program success relies on two important factors: health coaching and personalization. With these findings in mind, we’ve crafted ...

Looking to improve the impact of your corporate wellness program? Prepare to get personal
Real stories of health coaching and when wellness works

Real stories of health coaching and when wellness works

Research points to two major trends for healthy corporate wellness programs: customization and the power of coaching. While apps and trackers can help employees plan for healthy habits, when it comes ...

Real stories of health coaching and when wellness works
Providing benefits for an evolving workforce: what attracts and retains top talent?

Providing benefits for an evolving workforce: what attracts and retains top talent?

In addition to changes in education level, technical skills and culture expectations, a younger generation of workers brings a new perspective to the advantages of employer sponsored health insurance....

Providing benefits for an evolving workforce: what attracts and retains top talent?
Top five burdens facing human resources departments

Top five burdens facing human resources departments

At the beginning of our partnership, we ask clients to tell us about their biggest hurdles—the ones that cost them money and keep them from focusing on growing their business. Here's what we found.

Top five burdens facing human resources departments
Best practices for a seamless open enrollment, from communication to implementation

Best practices for a seamless open enrollment, from communication to implementation

Did you know that your employees would rather have a conversation with an ex than get into the nitty-gritty about their health plan during Open Enrollment? It’s time that employees learn to love thei...

Best practices for a seamless open enrollment, from communication to implementation


How employers are closing the gaps in healthcare

How employers are closing the gaps in healthcare

 

Employer-sponsored healthcare is full of contradictions. Employers pay more each year yet receive little insight into why. When it comes to satisfaction, 63 percent of employees say healthcare is the most important benefit their employer offers, but only 31 percent are very satisfied with it.

 

As providers of healthcare to over 155 million Americans, employers not only have a vested interest but a unique opportunity to close these gaps.

 

Three major U.S. employers have decided to take on the challenge. Amazon, Berkshire Hathaway and JPMorgan will join forces to solve the healthcare riddle for their U.S. employees. How can other employers follow their lead? 

 

Companies are already tackling these gaps in healthcare by leveraging independent medical expertise and smart technology to help employees achieve better health at lower costs. Not by discouraging utilization, but by optimizing it.

 

These employers are gaining visibility into what’s driving costs, lowering burden on their human resources teams and helping employees make the best choices for themselves and their families in a system based on trust. A deeper dive into their outcomes:

 

 

Employers are reducing costs without cutting benefits.

Healthcare benefits are important to employees, and providing them is important to employers in order to retain top talent. Cutting back on benefits isn't the answer. They have to work smarter.

 

It starts with giving employers greater visibility into what's driving cost, and then making that information clear, accessible and actionable to employees through a trusted advocate.

 

Many employers are surprised to learn that prices for medical procedures can vary in their markets by over 900%, and the most expensive doctor is not always the doctor with the best outcomes. Employers paying over 20% below the national average per employee per year prioritize proper healthcare utilization, ensuring that members receive quality care at a fair price.

 

Technology is at the core of providing this type of optimized care. Smart data, like knowing when an MRI claim could mean future surgery, accelerate the point of intervention to maximize cost avoidance and drive savings. In one example, an employer saved over $20,000 on shoulder surgery.

 

 

Human resources teams know their employees are in good hands.

It's no secret that healthcare is complicated. In fact, a 2015 Harris poll found that two in five insured Americans did not have a good understanding of the services covered under their healthcare plans. When employees need answers, they turn to HR. 

 

Partnering with a vendor that can provide accurate and timely information about health insurance coverage can alleviate the burden on HR teams while providing outstanding customer service to members. That frees your team to return to recruitment and strategy development to grow your business. 

 

 

Employees are supported in making the best healthcare decisions for themselves and their families.

Employees might value their healthcare benefits, but most are unhappy with their experience when they need to use them. Just one quarter of health plan members receive help navigating the confusing system.

 

Employers closing the experience gap provide employees with information that is actionable and easy to understand, leading to savings in time and resources.

 

It's rooted in the idea of proactive management and delivered through a trusted partnership with each employee. Not only does this give employees the information they need to make wise financial decisions, but plans that are integrated and put employees at the center outperform traditional health plans in member satisfaction, according to a J.D. Power survey.

 

 


See how an integrated solution can help you close the gaps in employer-sponsored healthcare. Request a customized demo based on your goals.

 

Schedule your demo

 


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