Partner | Vice President Employee Benefits Consultant | Benefits, People & Culture | I'm With U DEI Council | Advisor to HR, Risk Management and Finance Executives | CHIEF Member
💎Bonus Gem💎 Why are GLP-1s are gaining momentum as a hot topic, revolutionizing diabetes management? Their impact on employee health is significant, offering improved outcomes and potential cost savings for employers. Embracing innovation in healthcare benefits both employees and employers. Employers considering GLP-1s for cost savings should ask: 1. How does incorporating GLP-1s align with our current healthcare strategy? 2. What cost benefits can be expected in terms of employee health and overall healthcare expenses? 3. Are there employee education programs to promote awareness and adherence to GLP-1s? 4. Can we negotiate favorable pricing or rebates with pharmaceutical providers? 5. How might implementing GLP-1s impact absenteeism and productivity? Approach it as a cost savings strategy by: 💎 Assessing potential reductions in long-term healthcare costs. 💎 Negotiating with insurers and pharmaceutical companies for favorable terms. 💎 Implementing wellness programs to educate and encourage employee utilization. 💎 Monitoring the impact on productivity and absenteeism to gauge overall savings. Dive into the details and more in our 2024 Market Outlook report on Employee Benefits via the link: https://loom.ly/R-z6Mqo #bonusgemthursdays #networking #IAMChief #beneFITtreasures #employeeengagment #hrleadership #empoweringpeople #enhancingculture #benefitspeopleculture #thrivingthursday #benefitpeoplecultureevents #Thursdaybonusgem #continouslearning #healthcaretrends #creativepathtoleadership
