Today, payers and providers alike can benefit from comprehensive data, analytics, and reporting supporting both the direct care initiatives and business operations for success. (Image: Shutterstock)
Employers face a daunting challenge recruiting and retaining talent. To compete for talent, offering quality health care benefits is without a doubt essential. Yet, the cost of health care for employers continues its relentless increase: HR consultancy Mercer's Survey of Employer-Sponsored Health Plans 2021 projects a premium increase figure at 4.7% for 2022, based on 1,502 employer responses since mid-June. Employers are juggling offering high-quality benefits to attract and retain top talent while reducing or stabilizing total costs. Value-based care is increasingly the answer to quality of care, optimization of the health of workforces, and lowering costs for payers.
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