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According to the report, new clients realized an average of 11% reduction in costs compared to the previous year, with a different PBM.
Exos found that 91% of employees felt they spent their time at work effectively, compared to only 64% of employees surveyed prior to the program.
"While the nation is crippled with health care debt, while employers are spending more and more every single year, the reality is that revenue turns into profit for insurers," Lester Morales said.
A transformative shift is underway, and it's much bigger than simply adopting cutting-edge technology.
Health care spending accounts for approximately one-fifth of the U.S. GDP. Is it any wonder employers and employees are ready for a change?
Widespread opioid abuse has become major factor for employers.
More than 90% of midsize company leaders say their businesses were experiencing challenges because of inflation.
"Workers know what they want and recruiters are braced for change -- and both are putting plans in place to seize the opportunity," the report concludes .
Overall, the use of embedded hiring science and automation to drive data-informed outcomes, ensure fairness and improve experiences will improve the QoH of employers.
Unemployment is forecasted to increase to 4.4% in 2023 as employers work to balance budgets and remain profitable in the year ahead.
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Download ResourceAlready have an account? Sign In Now