Sponsored by Personify Health, a leader in personalized health platforms, the webinar draws attention to a variety of perspectives, including a CFO, a former CHRO, a chief medical officer and a health benefits research director.
The status quo is simply untenable for many companies as health insurance costs spiral. From family-owned businesses to large enterprises, employers are taking advantage of an alternative designed by politicians on both sides of the aisle.
Patient expectations continue to evolve, and healthcare practices that fail to adapt risk more than just revenue—they risk losing trust.
Cancer and pharmacy services are driving up costs for employers. One Mercer exec recently laid out several recommendations for employers to manage these costs.
Employers' healthcare costs are anticipated to rise by 8.5% in 2024, according to Aon. The projected increase is nearly twice the 4.5% increase that employers saw from 2022 to 2023. Inflation is a major factor for the increase.
Carrum Health's $45 million funding round was led by OMERS Growth Equity and included participation from Revelation Partners, Tiger Global, Wildcat Venture Partners, Cross Creek and SpringRock Ventures. It brings the company’s total financing to about $96 million.
As a possible recession looms, the unemployment rate will likely rise, meaning employers won’t have to work as hard to find workers. Therefore, they’ll likely be cutting down on the digital health companies they work with, and tech vendors will really have to prove their worth in reducing costs, one expert says.
See how Quantum Health is providing the steps to help their members tackle the cost of specialty medications and other drugs.
Health benefit costs increased 3.2% in 2022, but employers are expecting costs to jump even higher in 2023, a Mercer report showed. Employers' top priorities right now are providing benefits that attract and retain employees and boosting mental health support.
A recent survey from the National Business Group on Health found that among large employers, 55 percent were in favor of expanding Medicare.