Urgency of Rising Employer Health Costs
Kris Gates
Founder & CEO | Facilitator of Healthcare Innovation @ Lifestyle Health Network
Anticipated 5.8% Increase In 2025 Employer Health Insurance Costs
Consulting firm Mercer found in a recent study a higher-than-normal increase in employer health costs for 2025 being driven by:
Mercer also found that 53% of employers plan to implement cost-management programs in 2025.. The year 2025 is anticipated to be the third consecutive year in which healthcare costs for employers have risen by more than 5%.
Example Programs to Reduce Employer Health Costs
Medicare ACO Experience
Provider participants in Medicare ACOs, experienced with cost reduction and improving health outcomes, have a great opportunity to partner with employers via direct contracting to offer health and wellness programs.
Direct contracting is a contract between an employer and provider for specific health and wellness services to be delivered in a cost-effective manner by providers to their employees with goal of reducing costs and improving health outcomes.
Kris Gates, [email protected]
Student at Mayfield Education
2 个月Love this & I agree!
Program Manager. Helping businesses with last Covid program available under the cares Act/ Cafeteria Plan 125 -saving business owners up 680 per employee
2 个月Hi Everyone , a great way to offset the cost of the increase in Health Insurance is to obtain a IRS Section 125 Cafeteria Plan , Net Zero Cost . This prgram works alongside your existing Health insurance plans , or even if you dont have Health Insurance for your employees . Employers can receive 680 per employee and employees will see an increase in their pay . Programs requires 5 or more employees making 30k or more . Message me or call me at 732-629-9730 to set up No Cost , No Obligation review .