Health Care Benefits Survey Details Trends, Challenges

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(Image courtesy of Apex Benefits) (Image courtesy of Apex Benefits)
INDIANAPOLIS -

Indianapolis-based Apex Benefits has released a health care benefits survey featuring responses from 380 Indiana employers. Chief Executive Officer John Gause says the goal of the 2017 Indiana Medical Benchmarking Survey is to arm employers with data to make better strategic decisions on the health care needs of their company.

The results show trends Apex Benefits says are impacting the employee benefits marketplace. They are:

  1. Costs for employers and employees continue to rise
  2. Prescription drug costs increase faster than medical care costs, wages, and cost of living
  3. Employers offer more choices in medical plans
  4. Telemedicine is on the rise
  5. Employers shop for provider value
  6. Quality of care takes on greater importance as a cost control measure
  7. Companies embrace wellness

Respondents to the benchmarking survey cover insurance for more than 155,000 employees, spending approximately $2 billion on health care.

  • Perspectives

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      Many leaders who are looking to increase overall productivity at their company are implementing collaborative team environments. This growing trend is backed up by a recent study that states collaborative work environments lead to an increase in overall profitability. However, teams are only effective if built correctly. Don’t expect a group of employees to work well together if you throw them in a room without cultivating any sort of trust or team building.

    More

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