The Cost-Saving Power of Health Care Data
It’s a common-sense, widely held business principle: What is not measured cannot be managed or improved. Yet, while your company likely captures and analyzes data about everything from your website’s performance to travel expenditures, you’re probably not doing the same for one of your largest …
Increase Worker Satisfaction by Taking Control of Health Benefits Data
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Your employees know the value of shopping around. They do it themselves. Consumers spend an average 79 days researching before they make a major purchase, yet once a year, they're expected to tick a box that will determine how much they pay for their most …
Employers, Overcome Adversity with Empathy
Businesses have been unusually tested in 2020. A Local Economic Impact Report released by Yelp in September shows that 60% of businesses that closed down due to the pandemic have permanently shut their doors. Bankruptcies at global small and medium-sized enterprises nearly doubled from 9.4% …
What COVID-19 Taught Companies About Culture
Organizational culture might seem like an afterthought, something that happens accidentally or over time as a result of hiring certain people. Culture can certainly shift over time, but HR professionals play an important role in attracting the skills and personalities a company needs and preserving …
3 Solutions for Employers’ COVID Enrollment Challenges
With so many employees still working from home this enrollment season, it’s harder for companies to engage with workers about their benefits programs. Employers can no longer benefit from informal channels like word of mouth. Email isn’t ideal for communicating complex topics, and with 62% …
How to Prepare for an Uncertain Future
COVID-19 drove an unprecedented number of workers into home offices, leading some prognosticators to pronounce the end of the office as we know it. The level of uncertainty around returning to work would seem to belie that claim, as over a third of companies say …
Business Is Personal in Times of Crisis
COVID-19 changed the way people work and, consequently, how they communicate. In the weeks following the start of the pandemic, companies raced to find ways to keep their employees working remotely, and in-person connections gave way to emails and Zoom calls. Artemis Health found that employers …
4 Strategies to Help Employees Make Better Healthcare Decisions
High-deductible health plans were intended to make workers more responsible healthcare consumers by switching more of the costs to them, but getting accurate pricing information to consumers — or even agreeing on what “price” means — has been difficult. When it is available, roughly one …
Employers lose 9 hours a week answering benefits questions: Study
HR professionals spend an average of nine hours a week answering questions from members about benefits, according to a survey by HealthJoy. What would you do with an extra day in your week? …
Flip The Script On Rx
Americans spent $335 billion on prescriptions in 2018, and are projected to spend more than $511 billion by 2025 — an increase of over 52%, according to Express Scripts. In an analysis of internal data, the pharmacy benefit manager found Americans had on average more …
