The Business Group Blog was created to share and discuss information about challenges and solutions to the health care benefits issues that large employers face today and tomorrow — such as controlling health care costs, reforming the health care delivery system, and engaging employees in their health and benefits — and will provide insight into national health policy issues. We hope you find this information useful and will consider subscribing to the blog and sharing any thoughts or ideas with us at email@example.com.
As we do every year, the National Business Group on Health held its Employers' Summit on Health Care Costs and Solutions in January. The summit provides a forum for close to 100 benefits leaders to come together early in the health care planning cycle to reflect on last year’s initiatives, discuss strategy for 2017 and begin to plan for 2018 and beyond. It’s an opportunity to share ideas, to network and learn from peers, and to leverage best practices that employers can implement back in the office.
The emergence of mobile health apps is giving consumers unprecedented ways of engaging in their health and well-being. More than 165,000 apps are currently available, with the majority focused on diet and fitness. Apps are also incredibly popular; almost 60% of consumers have downloaded at least one health app, and of those, a third use one every day. Employers can positively impact workforce health by recommending safe, effective, secure and user-friendly apps to employees.
The Business Group is pleased to roll out a Public Policy Issue Brief that offers public policy recommendations to create a more favorable environment for financial sustainability and affordability of specialty medications. At the outset, understanding the challenge is important. With specialty drug expenditures trending at an all-time high and all indicators pointing to sustained increases over time, employers are strategizing on how best to manage growing pharmacy expenditures for this subset of drugs.
It’s important that a governance structure for benefits be in sync with the overall mission and goals of a company. What is at stake, among other things, is a company's fiscal health. Employers want to secure their employees’ health and well-being consistently across their operations in different local and global markets.
According to the World Health Organization, “work-related stress is the response people may have when presented with work demands and pressures that are not matched to their knowledge and abilities and which challenge their ability to cope. Stress occurs in a wide range of work circumstances, but is often made worse when employees feel they have little support from supervisors and colleagues, as well as little control over work processes.”
President and CEO of National Business Group on Health, Brian Marcotte, has created a list of six things to watch in 2017. It will be a year of uncertainty, opportunity and change. Will ACA be repealed and replaced? Will the move to value-based payments lose momentum? What will be the fate of proposed health plan mergers? Will pharmacy pricing remain in the spotlight? Will consumer engagement remain a top concern for employers? What about the well-workforce?
“In managing a company… with more than 150,000 employees and millions of customers…you of course need to be rational. But I’m gradually learning to be less rational and more emotional. Motivating people and generating a sense of spirit inside a company are essential…we need to appeal to our employees’ emotions to help create an environment where they can innovate.”
-Pablo Isla, CEO Inditex