Consumerism, rising costs, and technology are driving healthcare innovation, but are organizations prepared to make the most of the new opportunities?
Balancing increasing healthcare costs and employee benefits has proven to be a challenge and an opportunity for today's employer. Cut benefits, and your employment brand and employees suffer. Continue with the same level of traditional benefits, and while employees remain supported, costs will continue to rise. This predicament has opened the way for the tremendous growth in new start-ups, offering innovative solutions that not only help manage costs but enhance employee engagement, modify behaviors, increase access to care, and more.
Mercer's thought leaders explore the levers of change that can guide organizations through this new world of healthcare.
THE CHANGING EMPLOYMENT DEAL
Not only is healthcare vital to employees, but companies are reporting that their employees want — if not expect — it to be personalized, accessible, and affordable.
THE CHANGING NATURE OF RISK
Healthcare innovation plays an important role in mitigating risk by increasing employee and plan sponsor awareness of health risks while targeting solutions with a proven track record in preventing some of the most significant health issues (and costs) in Canada today.
RISING POWER OF THE CONSUMER
Employees do expect more today, but at the same time, they are willing to trade benefits for what fits their wants, needs, price-points, and lifestyles.
EXPLOSION OF TECHNOLOGY
Digital innovation is creating a system that will focus more on prevention and predictive health care, will be easier to access, and should keep costs under better control.
Understanding these levers will position business leaders to prepare for the changing industry, new vendors, workplace analytics, and a complex workforce.
Download the whitepaper today to learn more.
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