Does your health plan provide your company competitive advantage?
Yes, if it attracts and retains the best talent and results in a healthy workforce.
The expectations of the Gen X, Y (Millennial) and Z (Zoomer) workforce differ from prior generations.
- Seek health care that delivers value, transparent pricing, convenient access and a personalized, tech-enabled patient experience.
- Desire empowerment to lead healthy lifestyles and self manage care.
- Health benefits continue to grow in importance to employees as they struggle to afford them and are now more concerned about this than losing their job or home.
The current status quo system does not deliver what employees desire. It is overly complex, confusing and expensive with no price transparency or accountability.
Rising employee cost sharing results in reduced necessary care and medications. This exacerbates health problems and increases health care cost.
Healthy and happy employees and families underlie a productive and present workforce.
Employees want better health care than the status quo and expect employers to provide it. To meet these expectations, employers should evolve to value-based health benefits as soon as possible.