2017 Employer Health Care Strategies and Trends
By Clive Riddle, March 3, 2017
DirectPath and CEB have just released their
2017 Medical Plan Trends and Observations Report, “which
analyzed more than 975 employee benefit health plans, highlights the top ten
trends in employers’ 2017 health care strategies across three categories – plan
design, cost savings mechanisms and care options.”
The 11-page report tells us that “employers are incorporating solutions like
health savings accounts (HSAs), wellness incentives, price transparency tools
and alternative care options to reduce costs.”
The ten trends they discuss include:
1.
Annual Deductibles Leveling Out
2.
Marginal Change in Prevalence of HDHPs
3.
HSAs Continue to Remain Popular
4.
Specialty Medication to Become More Expensive
5.
Contribution Surcharge Amounts Vary
6.
Wellness Incentives Continue to Increase in Prevalence and Amounts
7.
Plan Comparison Tools Lead to More Savings
8.
Alternative Care Options Remain Affordable
9.
Barriers to Employee Use of Telemedicine
10.
Focus on Higher Quality Health Care
Major findings from their surveys cited in the report include:
·
51 percent of employers offer a price
transparency tool to help employees choose the service or product best for them,
and 18 percent plan to add such tools in the next three years
·
In a review of price comparison
requests, these services resulted in an average employee savings of $173 per
procedure and average employer savings of $409 per procedure.
·
While the percentage of organizations
with spousal employee contribution surcharges remained static (26 percent in
2017, as compared to 27 percent in 2016), average total surcharge amounts
increased dramatically to $152 per month, a more than 40 percent increase from
2016.
·
More than a third of organizations
offer telemedicine, but over 55 percent of employees in these companies are not
aware of telemedicine availability, and nearly 60 percent of employees who have
telemedicine programs do not feel they are easy to access, according to a
separate survey recently conducted by CEB.
·
The average cost of specialty drugs
that treat rare and complex conditions increased by more than 30 percent for
employers surveyed.
·
67 percent of employers surveyed offer
HSAs, compared to 15% offering Health Reimbursement Arrangements (HRAs).
Employer contributions to HSAs increased almost 10 percent.
·
58 percent of 2017 employer plans
offer some type of wellness incentives, up from 50 percent in 2016.
While we’re on the subject of wellness incentives, Humana just released their
2017 Humana Wellness
Trends Report, a 20-page document that discusses five trends:
1.
The “connected experience 2.0” revolutionizing wellness strategies: “…As
wellness programs begin to integrate these devices and employers gain access to
the data, employers will gain insight into what’s driving organizational health
costs and how to resolve them.”
2.
Older workforce leads to health, caregiving burdens: “…The U.S. workforce is
getting older and retiring later due to the stress of financial burdens, caring
for older loved ones and increasing health care costs.”
3.
Financial stress affects productivity: “….Americans identify money as their top
stressor, which can reduce employee productivity and contribute to absenteeism,
presenteeism and poor health. Research states 37 percent of full-time employees
deal with financial issues while working.
4.
Poor sleep leading to errors, low morale: “…Among workers age 30 and older, 74
percent say lack of sleep affects their work performance.”
5.
Workers benefit from mindfulness techniques: “…Research has found a mindful
approach may help ease the “effects of stress, anxiety and other negative
emotions.”
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