According to professional services firm Aon, U.S. employers are expected to see a 6.5% increase in what they pay for their employees' health care. But more definitely does not mean better—Ellen Kelsay, president and CEO of Business Group on Health, says that employers will have to disrupt the U.S. health care system sooner than later, noting that the status quo only points to higher costs and less accessibility.
Since 2018, Disney has partnered directly with Orlando Health and Florida Hospital to deliver health care for its 77,000-plus employees in Orlando, Florida. "The intent of this initiative was to improve the quality of care and align financial incentives directly with [care] delivery systems," Eric Chaisson, senior vice president of total rewards at The Walt Disney Company, told Employer Benefit News. "In doing so, Disney disrupted the traditional fee-for-service payment model typically utilized in employer-based plans."
Chaisson says the partnership has encouraged employees to proactively seek care rather than wait for their health conditions to get worse—not to mention more expensive."The consistent level of participation in these plans, along with the reductions in cost and increase in quality outcomes has proved successful and a benefit for our employees," he said.
Like Disney is doing for its employees in Florida, Tennessee employers are partnering directly with Vanderbilt Health to implement value-based benefit programs like MyHealth Bundles that prioritize achieving better patient health outcomes at a lower cost. Click this link to learn more.