According to the Willis Towers Watson 23rd Annual Best Practices in Health Care Employer Survey, employers have identified priorities that will improve health outcomes and the health experience for employees. (Unless otherwise noted, all stats cited in this blog are from the Willis Towers Watson survey.) Over the next three years, employers’ top priorities include:
Employers report that the following clinical conditions are their top concerns:
Well-being is a significant focus, concentrating on physical, financial, and mental well-being. Over the next three years, 82% of employers are investing in well-being initiatives.
The survey isolates the best performing companies (48 of them) that have both costs and trends lower than the national average.
Healthcare costs continue to increase at a lower rate than ten years ago or so, but the increases are still above inflation. So even though the increases aren’t near double digits, they are not palatable.
Data analytics is also a best practice, as it is needed to effectively measure any programs or changes that are implemented. Data analytics can also determine the financial impact of making these changes, allowing employers to dip their toe in the water before jumping in.