Employee Benefit News March 12, 2025
Your company is spending a lot on traditional healthcare coverage — and probably multiple supplemental wellness offerings — to help workers manage chronic conditions. Providing a single-point solution that helps employees manage multiple conditions can improve their health, consolidate benefits and cut down on employer costs.
Compared with other high-income countries, the U.S. has the highest rate of adults with more than one chronic condition, according to the Commonwealth Fund. Data from the CDC shows six in 10 have at least one chronic illness and that the majority of healthcare costs are connected to patients with these issues. In addition to direct costs, research from multiple sources puts employer financial loss — due to lost productivity and absenteeism — in...