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That’s the scenario Don Powell, president of the American Institute of Preventive Medicine, explained would be the case if food costs had risen as quickly and sharply as health care costs over the last several decades.
At a Benefits Forum & Expo session on Monday, Powell made the case to attendees on the importance of wellness programs – although to be honest, I think he was preaching to the choir – by detailing the hellishly expensive grocery list.
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Behavioral health services deliver a 507% ROI for employers, driven by lower medical costs, reduced disability claims and improved productivity gains.
Understanding data and contracts, as well as advocating for healthcare partnerships and quality care, can lead to better financial outcomes for businesses.
Access to a well-rounded primary care team can help employees maintain a healthy preventative routine.
When care is seamless, employees are more likely to seek treatment early, which helps prevent avoidable complications and reduces costly downstream care.
The landscape of employee benefits continues to evolve, and data will be a greater influence for all employers.
