Future-state thinking: Reimagining value-based employee benefits

Data is the architect of the new generation of flexible, value-based designs, which monitor, validate and engage enhanced performance and accountability controls. (Image: Shutterstock)

Transformation in health care is introducing new terms to the employer market: “clinical response under 20 seconds, digitally driven results, AI learning tools, improved medical literacy, cost-effective rise of blended physical and virtual worlds to improve care, metrics scoring of quantitative and qualitative measurements, data validation of pricing transparency.” Employers not only see these terms as realistic future state expectations but essential attributes when re-imagining the future of value-based employee benefit strategies for their workforce.

Businesses are finding new ways to grow and anticipate the rapid shifts occurring in the market. The past 20 months reaffirm high performing organizations who solve the complex human capital needs of five generations in the workforce are becoming the emerging leaders in this new dawn. Historical reference is being replaced by future state thinking — re-imagining value-based employee benefits begin with personalization. The specific health care needs of a complex workforce cannot be met by a one-size-fits-all approach.