Travis Brashear, JD’s Post

#Employers in 2024 Will Seek To Add Value, Minimize Costs for Health Benefits Here are some actions employers can take to avoid cost-shifting to employees while managing rising #healthcarecosts. https://lnkd.in/dfj8GZwt 1. Implement targeted programs for specific health conditions, such as diabetes, #musculoskeletal issues and #painmanagement. These programs can help improve health outcomes and reduce costs by providing specialized support and resources to employees with these conditions.

Guiding employers towards impactful health benefits is what good brokers do, helping to enhance employee well-being and drive organizational success. What are you telling your clients about comprehensive weight management benefits? Here are some points to keep in mind: *Effective weight management programs may reduce the risk of chronic diseases such as diabetes, heart disease, and hypertension among the employee and member population. *Healthier, happier employees are generally more productive. Addressing weight-related health issues can significantly reduce absenteeism and presenteeism, driving productivity. *Investing in weight management can lead to substantial healthcare cost savings over time. Mitigating chronic conditions through proactive weight management is generally more cost-effective than treating them later. *Including comprehensive health benefits, such as weight management, makes your clients' benefits packages more attractive, aiding in talent recruitment and retention. By advising your clients to incorporate weight management benefits, you help them create healthier, more productive workplaces while also adding value to your service offerings. #BenefitsBrokers #WeightManagement #CorporateWellness #EmployeeBenefits #WorkplaceHealth #HRStrategies #HealthyWorkforce #PreventativeCare

Obesity rates are soaring in the US, posing a public health crisis with significant costs for both employees and employers, including lost productivity and higher benefit expenses. Should organizations take responsibility for employee health? Absolutely. Join the Diabetes Leadership Council webcast, where health experts will discuss actionable steps employers can take to reduce employee obesity rates and lower long-term health costs. Don't miss this vital conversation on improving workplace health! #EmployeeBenefits #EmployeeWellbeing Register for Free! https://okt.to/W8SyQ4

Really interesting perspective on the way we measure health to determine how to best deploy health resources. We know spending on hospitals continues to grow and spend in the community and general practice continues to decline, despite policy to the contrary (NHS Long Term Plan). How do we turn the tide and get proactive rather than reactive? When do we build health rather than just fix ill health?

📈 With GLP-1 costs soaring, employers are facing the tough challenge of balancing rising expenses with maintaining robust health benefits. How can organizations manage this financial strain while still prioritizing employee well-being? Our latest blog dives ➡️ https://ow.ly/XB5z50SXBYC ⬅️ in dives into data from our Employee Health Trends mid-year update and reveals key insights: - A surge in GLP-1 spending—up more than $13 PMPM since 2020 - Strategic solutions for employers to navigate these challenges - The growing impact of obesity treatments on overall costs  #Healthcare #EmployeeBenefits #DataDrivenDecisions #GLP1

Employers must prioritize employee wellbeing by addressing key areas such as diet, exercise, and mental health. However, recent data shows that three crucial areas are still being overlooked, hindering positive outcomes. Focusing on these aspects not only improves employee health but also drives costs down across various top priorities. It's disheartening that in 2024, the emphasis remains on reactive "sick care" and pharmaceuticals rather than proactive health initiatives. To enhance affordability and wellbeing, employers should shift their attention to key focus areas including obesity and weight management (40%), cancer and oncology (34%), cardiovascular health (28%), and women's health (27%). By redirecting efforts toward these critical health concerns, employers can create a more supportive and thriving work environment. #EmployeeWellbeing #HealthPriorities #WorkplaceWellness #healthcarefinance #costshifting #populationhealthoutcomes #profitcenters #sickcareisourpriority https://lnkd.in/gZjDiYwy

Franciscan HEALTHeACCESS provides comprehensive primary care for employees and dependents. The result for employers: improved employee (and dependent) health, increased productivity, and reduced absenteeism.

💸 The Crucial Role of Personal Well-being in the United States: Insights from Healthcare Spending Recent data from the Peter G. Peterson Foundation highlights a striking contrast in healthcare spending across wealthy nations. The United States stands out with the highest administrative costs per capita at $1,055, while also spending less on long-term care per capita ($967) compared to the average of other wealthy countries ($1,077). This discrepancy underscores a critical point: while substantial resources are funneled into the administrative side of healthcare, the U.S. invests relatively less in long-term care services. This imbalance can have significant implications for personal well-being. At Sovi Health, we believe that prioritizing personal well-being can mitigate some of the long-term healthcare challenges. By focusing on behavior design, identity change, and habit formation in key areas such as movement, nutrition, sleep, and stress management, we can empower individuals to take proactive steps toward better health outcomes. Here’s why personal well-being is vital: 1. Reduced Healthcare Costs: Improved well-being leads to fewer chronic illnesses and a reduced need for long-term care, potentially lowering overall healthcare costs. 2. Enhanced Productivity: Healthier employees are more productive and engaged, benefiting both individuals and organizations. 3. Improved Quality of Life: Investing in personal well-being enhances the overall quality of life, leading to happier and healthier communities. Let’s work together to shift the focus towards personal well-being and make a positive impact on our healthcare system. Join us at Sovi Health in this journey towards a healthier future. #Wellbeing #Healthcare #SoviHealth #BehaviorDesign #HabitFormation #EmployeeWellness Brian Bourey

4 Employer Health trends to watch this year.    No surprise, Employers are considered about rising costs from inflation and other factors. They are also concerned about the single largest cost driver of health cost, which is cancer, as well as managing chronic diseases such as diabetes, and cardiac health. Tap the link to learn more: https://lnkd.in/gjVbejpA #WorkplaceWellness #EmployeeWellbeing #EmployeeHealthcare