AHM EBN Survey Infographic
5 STEPS EMPLOYERS CAN TAKE TO PREPARE FOR THE EVOLVING BENEFITS INDUSTRY ?
??
2/3 of employers don’t feel “very prepared” for the future of the benefits industry1, in the face of rising consumerism, employee self-health and technology. Are you a part of this majority?
IF SO, HERE ARE 5 STEPS TO PREPARE: LISTEN | EDUCATE | REVIEW | PLAN | COLLABORATE
1
LISTEN to your employees
Listening to employees is a sign of respect and demonstrates that their opinions matter, which is key as they take on more responsibility in their health. More than half of employees (54%) feel they are not respected by their leaders.
Employees who feel respected by their leaders reported:
Better health and well-being (56%)
Greater enjoyment and satisfaction with their jobs (89%)
Greater focus and prioritization (92%) 2
EDUCATE your employees 2 Due in large part to the Affordable Care Act (ACA), employees have more responsibility for making
18%
healthcare insurance decisions. 2014 marked the largest
23%
CDHP
jump in high-deductible consumer-driven health plans (CDHP) from 18% to 23%.3 Employers must educate employees as they take on this responsibility.
Education about market conditions and health and wellness opportunities is key to achieving behavior change among an employee population.
3
REVIEW your employee benefits program
Employers should
Does your program include the following items?
scrutinize their benefits Various options to meet employees’ unique needs
program to ensure they
Vendors that support unique elements of the program
member experience.
are providing the best
Advanced technology, including online and mobile resources to engage employees Shared accountability between employer and employees Financial incentives for participation Tools and/or metrics to measure success Leadership buy-in and strong communications An organizational culture of health
PLAN for success with your benefits program
4
A survey of 248 business professionals, conducted by Source Media and ActiveHealth Management, showed the following as significant priorities for the next 5 years:
Member retention and growth (33%)
Market competitiveness (47%)
Employee health and longevity (44%)
5
COLLABORATE for long-term success Working with trustworthy companies that can deliver results is key to sustainable success with your benefits program. ActiveHealth® has collaborated with employers, health plans, governments and providers to impact more than 64 million lives over the last 10 years, and has achieved 8.1 million health improvements and savings of more than $8.4 billion.
ActiveHealth saved one organization $5 for every $1 invested in population health.
$1
$5
For more information, visit www.healthactivated.com.
©2015 ActiveHealth Management, Inc. Proprietary and confidential. Do not distribute. 1.
Health Benefits Outlook 2020 Research Report. SourceMedia. Sponsored by ActiveHealth Management. July 2015.
2.
https://hbr.org/2014/11/half-of-employees-dont-feel-respected-by-their-bosses
3.
http://www.mercer.com/content/mercer/global/all/en/newsroom/ modest-health-benefit-cost-growth-continues-as-consumerism-kicks-into-high-gear.html
4.
http://www.benefitspro.com/2015/05/08/5-important-wellness-findings?t=wellness
??
2/3 of employers don’t feel “very prepared” for the future of the benefits industry1, in the face of rising consumerism, employee self-health and technology. Are you a part of this majority?
IF SO, HERE ARE 5 STEPS TO PREPARE: LISTEN | EDUCATE | REVIEW | PLAN | COLLABORATE
1
LISTEN to your employees
Listening to employees is a sign of respect and demonstrates that their opinions matter, which is key as they take on more responsibility in their health. More than half of employees (54%) feel they are not respected by their leaders.
Employees who feel respected by their leaders reported:
Better health and well-being (56%)
Greater enjoyment and satisfaction with their jobs (89%)
Greater focus and prioritization (92%) 2
EDUCATE your employees 2 Due in large part to the Affordable Care Act (ACA), employees have more responsibility for making
18%
healthcare insurance decisions. 2014 marked the largest
23%
CDHP
jump in high-deductible consumer-driven health plans (CDHP) from 18% to 23%.3 Employers must educate employees as they take on this responsibility.
Education about market conditions and health and wellness opportunities is key to achieving behavior change among an employee population.
3
REVIEW your employee benefits program
Employers should
Does your program include the following items?
scrutinize their benefits Various options to meet employees’ unique needs
program to ensure they
Vendors that support unique elements of the program
member experience.
are providing the best
Advanced technology, including online and mobile resources to engage employees Shared accountability between employer and employees Financial incentives for participation Tools and/or metrics to measure success Leadership buy-in and strong communications An organizational culture of health
PLAN for success with your benefits program
4
A survey of 248 business professionals, conducted by Source Media and ActiveHealth Management, showed the following as significant priorities for the next 5 years:
Member retention and growth (33%)
Market competitiveness (47%)
Employee health and longevity (44%)
5
COLLABORATE for long-term success Working with trustworthy companies that can deliver results is key to sustainable success with your benefits program. ActiveHealth® has collaborated with employers, health plans, governments and providers to impact more than 64 million lives over the last 10 years, and has achieved 8.1 million health improvements and savings of more than $8.4 billion.
ActiveHealth saved one organization $5 for every $1 invested in population health.
$1
$5
For more information, visit www.healthactivated.com.
©2015 ActiveHealth Management, Inc. Proprietary and confidential. Do not distribute. 1.
Health Benefits Outlook 2020 Research Report. SourceMedia. Sponsored by ActiveHealth Management. July 2015.
2.
https://hbr.org/2014/11/half-of-employees-dont-feel-respected-by-their-bosses
3.
http://www.mercer.com/content/mercer/global/all/en/newsroom/ modest-health-benefit-cost-growth-continues-as-consumerism-kicks-into-high-gear.html
4.
http://www.benefitspro.com/2015/05/08/5-important-wellness-findings?t=wellness
