If companies are spending 5% to 6% more annually to sponsor health care for employees, they should also be seeing improved health outcomes and increases in productivity. (Photo: Shutterstock)
Health care in the United States is broken. The COVID-19 pandemic has further magnified that our system is not working for anyone–consumers, providers, care systems nor the employers who sponsor health care for millions of Americans. The pandemic has also led to a rapid breakdown in barriers to telemedicine delivery across state lines, a silver-lining development that could be applied to other areas of the health care system that are mired in legacy silos.
Some have started calling for a New Deal mindset post-pandemic as we encounter what will be significant economic and health system recovery. I believe that employers have an important role in leading how the U.S. navigates what's ahead. It's time to do things differently.
Why employers?
Employer-sponsored health care provides health insurance coverage for nearly half of Americans. This puts employers squarely in the health care system mix whether they want to be or not.
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