A head-scratching US healthcare paradox: Despite 27% of healthcare spending being linked to modifiable risk factors, employees’ lifestyle choices have no impact on the premiums they pay. Aligning health insurance contributions with controllable lifestyle behaviors can foster equity and encourage far healthier choices, creating a virtuous cycle of shared value. Managed Healthcare Executive profiles an article co-written by Alan Pollard and I sharing more. Check it out!
Evergreen Benefits Group’s Post
More Relevant Posts
-
People-centric executive | Demonstrated record of success leading, scaling, and driving operational and communication excellence | Speaker | Board member
We as an industry think quite a lot about value based care that aligns incentives between healthcare payers and providers - but often forget the third leg of that stool. Shared value insurance design and administration support can be a powerful, differentiated product offering for payers who want to more deeply partner with their group clients and shift the experience for their employees (and shift the tide when it comes to member engagement and preventative care compliance).
A head-scratching US healthcare paradox: Despite 27% of healthcare spending being linked to modifiable risk factors, employees’ lifestyle choices have no impact on the premiums they pay. Aligning health insurance contributions with controllable lifestyle behaviors can foster equity and encourage far healthier choices, creating a virtuous cycle of shared value. Managed Healthcare Executive profiles an article co-written by Alan Pollard and I sharing more. Check it out!
Economic Benefits of Aligning Employee Health Insurance Contributions to Controllable Lifestyle Behaviors
managedhealthcareexecutive.com
To view or add a comment, sign in
-
In a new co-authored article for Managed Healthcare Executive, our own Alan Pollard and Tanya Little (Budlender) delve into the inequities tied to cookie-cutter approaches to health insurance costs and make a case for differentiating employee contributions based on participation in healthy lifestyle behaviors. We're all about incentivizing engagement and promoting overall wellbeing! Check out the article to learn more: https://lnkd.in/e-iDYzZv
Economic Benefits of Aligning Employee Health Insurance Contributions to Controllable Lifestyle Behaviors
managedhealthcareexecutive.com
To view or add a comment, sign in
-
💡 Did you know? Businesses can save up to 30-50% on healthcare costs by opting for group health insurance instead of individual plans! 🤯 Group health insurance not only provides comprehensive coverage for employees but also leverages the power of collective bargaining to keep premiums affordable. This means better benefits and lower costs for everyone involved. In today's competitive market, offering a solid health insurance plan is more crucial than ever for attracting and retaining top talent. It's a win-win for both employers and employees. 💼 If you’re a business owner or HR professional, it's time to reconsider your health insurance strategy. Let's work together to create a healthier, happier workplace! #HealthInsurance #EmployeeBenefits #GroupInsurance #HR #BusinessSavings #WorkplaceWellness
To view or add a comment, sign in
-
Health outcomes and access to care in the US can vary widely—even for workers employed by the same company and offered the same insurance plans. What employers can do to improve equity. #hrnews #healthcare #HROResources
How insurance companies are advising employers on health equity
healthcare-brew.com
To view or add a comment, sign in
-
Leading Advisor in Health Insurance, Life Insurance, Critical Illness & Employee Benefits | Driving Client Centric Solutions | Independent brokerage service for SME's & Individuals | Whole-of-Market |
Let me introduce myself and what I do at Protectus Healthcare 💚 It's tough for small business owners to retain and attract key talent right now. Talent that enables you to perform as a business so you can grow the right team, support your clients and build a strong, successful environment. NHS waiting lists are ridiculous right now and even getting an appointment with your GP is virtually impossible. When this is the case and the mental health of your team is a big concern, how are you going to protect you, your business and your team? Well, look no further! I am sure that you want a profitable business & healthy workforce. You want peace of mind that you are looking after your business & employees should they have any health & wellbeing issues. You want to be seen & known as a caring employer. You want to help retain and attract key talent. We can help. By looking & advising you on the most cost effective & tax efficient way of resolving any concerns with tailored health insurance cover. As a business, we have over 25 years in the health insurance & employee benefits industry, we pride ourselves on fully understanding our client’s needs, producing solutions & providing a 1-2-1 personal service. Every one of our reviews is ⭐️⭐️⭐️⭐️⭐️. We have built strong solid relationships with all insurers/ providers on the market to enable us to offer you a competitive premium, not just at the outset but at renewal too. We offer a personal service with good, frank, open honest advice & no fees. We meet our clients annually to review plans & update accordingly, so it is still the best fit for your business. Our aim is to make Protectus Healthcare the most trusted broker in this sector, simply by being independent, honest & developing long term, trusted relationships with every client. Our ethos & company motto is "Insuring What Matters". If you or somebody you know recognises the above issues and is looking for a no nonsense, impartial approach to supporting you and your business with a tailored private medical healthcare solution, get in touch today to arrange to chat. Get your most vital asset protected for 2024 and beyond. I will buy the coffee. ☕ Ross #privatehealthcare #wellbeing #mentalhealth #employeebenefits #healthinsurance
To view or add a comment, sign in
-
-
New research on employer-based insurance has good news - a third of employers are integrating value-based care into their insurance plans, and another third are concentrating on strategies that have the best fit for when it comes to accountable care for their employees. The research also points out that as companies are making health benefit decisions they for accountable care they are focusing on: - Expanding preventative care - Improving access to primary care - Focusing on whole-person health United healthcare has some of the best value based networks in all of health care #ValueBasedCare #BenefitsPlans #AccountableCare #HealthInsurance #unitedhealthcare
Report: More Employers Are Looking To Deploy Value-Based Care - MedCity News
https://medcitynews.com
To view or add a comment, sign in
-
Senior Manager & Head of Travel insurance Sales/Strategic planning/ Marketing & Sales Strategy/ B2B/ B2C/Corporate sales/Digital Marketing/Team management/Business Development at IGI General insurance Ltd
HEALTH INSURANCE Health insurance typically covers medical expenses such as: 1. Doctor visits and services 2. Hospital stays and surgeries 3. Prescription medications 4. Laboratory tests and imaging 5. Preventive care and wellness services Group health insurance provides benefits to employees and employers in several ways: *Employee Benefits:* 1. Financial protection from medical expenses 2. Access to quality healthcare services 3. Peace of mind and reduced stress 4. Increased productivity and focus at work 5. Often includes additional benefits like dental, vision, and mental health coverage *Employer Benefits:* 1. Attracts and retains top talent in the job market 2. Boosts employee morale and job satisfaction 3. Reduces absenteeism and turnover rates 4. Encourages a healthy and productive workforce 5. May qualify for tax benefits and incentives 6. Can be a cost-effective way to provide benefits, as premiums are often lower than individual plans 7. Demonstrates a commitment to employee well-being and care By offering group health insurance, employers can demonstrate their investment in their employees' health and happiness, leading to a more positive and productive work environment. Policy benefits may vary depending on the culture & requirements by the employers/ Government Institution. #healthinsurance #insurance #corporate #employers #employees #hospitalization #OPD #maternity #riskmanagement #insuranceindustry
To view or add a comment, sign in
-
𝗕𝗶𝗹𝗶𝗻𝗴𝘂𝗮𝗹 / 𝗔𝗥𝗠𝗬 𝗩𝗘𝗧𝗘𝗥𝗔𝗡-"Empowering Your Financial Future from Risk Management to Retirement & Tax-Efficient Investment Strategies." Real & Authentic
The Benefits of Group Health Insurance As a small business owner, you understand the importance of providing your employees with quality health benefits. But with today’s ever-changing healthcare landscape, it can be difficult to keep up with the latest industry trends and offerings. That’s why it’s essential to have a comprehensive understanding of group health benefits and how they can help your business succeed. Group health benefits are a great way to attract and retain top talent while providing your team with the coverage they need. A Wide Range of Options With a range of options, including HMOs, PPOs, and EPOs, you can customize the plan to fit your business’s needs. By creating a comprehensive health plan, you can ensure your employees are receiving quality care while giving your bottom line a boost. Reduce Costs and Increase Efficiency Group health benefits can also help you reduce costs and increase efficiency. By consolidating all of your employees’ health insurance needs under one plan, you can streamline the process and save time and money. With the help of a knowledgeable broker, you can even negotiate better rates and secure more coverage for less. Booking link: https://lnkd.in/gdriNtKa #GroupBenefits #GroupInsurance #EmployeeBenefits #ComprehensiveBenefits #EmployeeWellness #AffordableCoverage #EmployeeProtection #HealthyWorkforce #EmployeeEngagement #GroupBenefitsPlan
To view or add a comment, sign in
-
-
🌟 Celebrating USA Health Insurance Benefits 🌟 In today’s fast-paced world, robust health insurance is crucial. The U.S. leads in providing comprehensive, high-quality plans that cater to diverse needs. Here’s why: 🔹 Comprehensive Coverage: Extensive options from routine check-ups to specialized treatments. 🔹 Preventive Care: Free or low-cost screenings, vaccinations, and wellness programs. 🔹 Top Healthcare Providers: Access to a wide network of hospitals, clinics, and specialists. 🔹 Mental Health Support: Inclusion of mental health services and counseling. 🔹 Flexibility: Customizable options to suit personal and family needs. 🔹 Employer Contributions: Significant contributions reducing out-of-pocket costs. Investing in quality health insurance benefits supports employee health and drives organizational success. As a group benefits broker, I help companies design plans that elevate their workforce. Prioritize health in the workplace! Reach out to learn more about enhancing your company's benefits package. #HealthInsurance #EmployeeBenefits #WorkplaceWellness #Healthcare #BenefitsBroker
To view or add a comment, sign in