Study Shows 4 Ways for Health Benefits Managers to Explore Value-Based Health Care
Value-based care is quite a common term used amongst healthcare providers and members. However, it is rarely used by health plans and benefits managers. Off late, benefits managers and health plans have been trying to understand better the correlation between employee health and wellness, and business productivity. With COVID-19 impacting businesses and the economy, employee […]
4 Primary Reasons Why Employers Must Offer Financial Security Benefits
There is tons of evidence proving that employee health and wellbeing impacts organizational productivity and business growth, in many ways. And so, businesses are now seriously considering to invest in employee wellbeing. Apart from physical health, employers are also looking to offer wellness programs that focus on social wellbeing, financial wellness, and other holistic health […]
Survey – Mercer Foresees 4.4% Higher Employee Benefits Costs in 2021
According to a survey, Mercer employee benefits costs are expected to rise by an average of 4.4% in 2021, though projections vary widely due to numerous unknowns. This summer survey coincided with a gradual rise in healthcare utilization following a dramatic spring slowdown, further highlighting the challenge. Also, self-funded employers faced the difficult task of […]
2021 Employee Wellbeing Survey – Employer Healthcare Strategies For Better Workplace Wellness
The 2021 Employee Wellbeing Survey, conducted by Greenwald Research and the Employee Benefit Research Institute with a nationally representative sample of over 2,016 American workers aged 21–64, provides critical insights into employee benefits, wellbeing, and satisfaction. A key takeaway is the heightened importance of healthcare benefits in the post-pandemic workplace. The wellness survey for employees […]
Study Shows Hospital Costs in 2021 Drive An Average Of 4.1% In The Healthcare Costs
Quality healthcare comes at a huge price. While common people who spend from their pockets on healthcare find it difficult to get high-quality healthcare at an affordable price, employers also face issues due to the rising healthcare costs. A Business Group on Health (BGH) employer survey predicted that in 2021 there could be a possible […]