closeup of man talking to woman virtually on laptop (Photo: fizkes/Adobe Stock)

Year over year, we have seen a significant rise in costs when it comes to health care, and it’s taking a toll on employers and employees everywhere. There are a number of factors linked to the increase, including supply shortages, inflation and mounting costs associated with clinical staff, but also, more Americans are being diagnosed with chronic illnesses, according to the National Library of Medicine. Chronic illnesses affect half of the population, and the care needed to treat these conditions accounts for more than 85% of health care costs. Those with chronic conditions may only make up 1% of a company’s population, but they can account for up to 40% of its costs.

Health care benefits are one of the most important benefits an employer can offer their workforce. Providing employees with innovative benefits that include virtual care will not only help the employer to manage costs, but it will provide employees with an affordable solution that enables them to take a proactive approach when it comes to their health. With digital health solutions in place, employers can expect to see a clear difference in their workforce and in their bottom line.

Complete your profile to continue reading and get FREE access to BenefitsPRO.com, part of your ALM digital membership.

Your access to unlimited BenefitsPRO.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical BenefitsPRO.com information including cutting edge post-reform success strategies, access to educational webcasts and videos, resources from industry leaders, and informative Newsletters.
  • Exclusive discounts on ALM, BenefitsPRO magazine and BenefitsPRO.com events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com

Already have an account?

 

BenefitsPro Broker ExpoEvent

BenefitsPro Broker Expo will help attendees prepare for new issues, embrace new challenges and find new solutions.

Get More Information
 

BenefitsPRO

Join BenefitsPRO

Don’t miss crucial news and insights you need to navigate the shifting employee benefits industry. Join BenefitsPRO.com now!

  • Unlimited access to BenefitsPRO.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com
  • Exclusive discounts on BenefitsPRO.com and ALM events.

Already have an account? Sign In Now
Join BenefitsPRO

Copyright © 2023 ALM Global, LLC. All Rights Reserved.