Business Group Blog

5 Ways to Revamp Your Health Care Strategy

engagement

Each January, more than 100 human resources and benefits professionals come together for our annual Employers’ Summit on Health Care Costs and Solutions. The best practices and cutting-edge ideas brought forward at this event continue to show that innovation in health improvement and health care management in this country is driven largely by employers. The diverse representation of industries, workforces and cultures at the summit form the most powerful solutions for improving the health of employees across the country.

Here are five ways that you can make an impact on your health care strategy by taking part in next year’s summit.

1. Better Understand the Impact of Specialty Pharmacy on Spend

Spending on specialty pharmaceuticals is expected to increase by 16.8% in 2017. For the first time ever, specialty pharmacy is the highest driver of health care costs for employers. To curb these escalating costs, employers are exploring risk-based pricing agreements (manufacturers share in the financial risk if medications don’t work as intended) as a promising solution. Learn how employers can get started with these types of arrangements from Wal-Mart and Cigna.

2. Impact Engagement Across the Entire Enterprise

Increasing employee engagement to optimize the resources employers offer to employees is one of the biggest challenges facing benefit leaders. The median employee engagement rate in any well-being or health management program in 2015 is less than 55%. Employers will have the opportunity to hear what their peers are doing to overcome engagement barriers in several benchmarking sessions focused on condition management, telehealth, mental health programs and navigators and concierge services.

3. Improve Health Care Costs, Quality and Experience Through Accountable Care Organizations

Close to a quarter of large employers (24%) plan to actively promote accountable care organizations (ACOs) in 2017. However, it is not always clear how ACOs differentiate from the market or how they are consistently achieving initial contract goals and reducing costs. Join a hands-on workshop that will show you how to make ACOs part of your strategy for 2018.

4. Understand the Impact of the Presidential Election on Health Care

What will the outcome of the election mean for employer-sponsored health care? Will policy change drastically? What will happen to the ACA excise tax? Hear from policy experts on what the new administration means for employer-sponsored health care.

5. Influence Your C-Suite on New Approaches More Effectively

Getting airtime with senior company leadership to effectively influence benefits strategy can be tremendously difficult. Learn how senior HR leaders from AT&T, Fidelity Investments and Sensata Technologies get in front of the C-suite, provide strategic thought leadership and influence direction.

Members—check out last year’s Employers’ Summit Key Insights and Learnings

Employers who want to learn more about this topic can join their peers for a hands-on workshop at the 2017 Employers’ Summit on Health Care Costs and Solutions on January 11-12, 2017 in Washington, DC.

Employers' Summit on Health Care Costs & Solutions