Level’s Post

3️⃣ factors are accelerating healthcare costs beyond what we’ve historically seen: • Industry consolidation – how vertical and horizontal industry mergers and acquisitions are exacerbating market leverage • Prescription drugs – the double-edged swords of incredible innovations and the chase for rebates • Overuse of high-cost sites of care – the ripple effects of the escalating reliance on expensive healthcare settings Top leaders from across the healthcare industry identify strategies for slowing down these soaring healthcare costs in this #NEEBCSummit2024 keynote: Jeffrey Hogan, Upside Health Advisers David Auerbach, MA Health Policy Commission John Rodis, MD, MBA, FACHE, CPHQ, Arista Healthcare Ellie Adair, Institute for Clinical and Economic Review (ICER) #healthcare #healthcarecosts #prescriptiondrugcosts #hrstrategy #hrsolutions #employeebenefits #totalrewards

💡Client Spotlight: Morris Packaging One employee benefit offered by Incipio's client, Morris Packaging, is their cardiac & calcium heart testing. Providing benefits like this allow Morris to attract and retain top talent, and beyond that, ensure the health and wellbeing of their employees. Chuck's story is a testament to what it means to work for an employer that cares, and to be a part of a workplace culture that takes care of one another like family. 🎥 We love capturing stories like this for our employer branding clients—helping your company be seen for the incredible work that you're doing. https://lnkd.in/eDrfw_fR #EmployerBranding #ApplicantRecruiting #ApplicantRetention #IncipioWorkforceSolutions

Some takeaways from the article • Companies should consider their organization's size, workforce composition, industry standards, and employee feedback when choosing benefits. • Consistency in providing benefits and ensuring employees feel secure in enjoying them is essential. • Prioritizing employee well-being and bridging the gap between employer assumptions and employee needs are key to effective benefit planning. https://lnkd.in/gzTn6FyC Proud to manage GSK VN's #flexbenefits programme.

The top priorities for employers in 2024 are retaining talent, growing revenue and sales, and attracting talent. To achieve these goals, employers are turning towards comprehensive reward strategies informed by data-driven insights. Download this asset to learn more. https://shorturl.at/xGSU6 #Talent #Revenue #RewardStrategies #HR Sponsor: Gallagher

💡 Unlock Hidden Savings: Must-Know Employee Programs Did you know there are valuable employee programs that can boost your team's success and save your business money? From pharmacy assistance and manufacturing support to scholarship programs, these resources offer benefits that can enhance both your workforce and your bottom line. Curious how you can tap into these opportunities? Watch the video to discover practical ways to optimize employee resources and unlock hidden savings for your organization. #EmployeeBenefits #CostSavings #PharmacyAssistance

Just a quick note to let you know that the closing date for taking part in the Aon Life Sciences benefit survey is 19th July, so only 10 days left to complete the survey. Once the data has been collated you will receive a copy of the report. You can then benchmark your employee benefits against others in your sector.

Hurry! Only three spots left to hear from the top HR Leaders at Stanley Black & Decker, Paramount, and PG&E as they give expert advice on successfully navigating open enrollment complexities! Webinar is June 6th at 12:00pm Central! Topics include: Complex systems Diverse workforces Overburdened HR teams and resource constraints The needs/gaps/areas of opportunity around employee education, awareness, decision support Limited plan options Artificial intelligence trends Join here:

Please watch this video and recognize our world view of healthcare has changed. #worldclasshealth

🌟 As we observe Mental Health Awareness Month, it's crucial to recognize the pivotal role that employee experiences play in fostering a supportive and healthy workplace environment, especially for our dedicated healthcare professionals. 🩺💬 Introducing Feedtrail's Employee Experience (EX) application tailored specifically for the healthcare sector. 🚀 In the realm of healthcare, engaged and inspired clinicians and staff are the cornerstone of exceptional patient care. With the Employee Experience (EX) application, healthcare organizations can empower their workforce, mitigate turnover risks, and amplify employee voices in decision-making processes. 🗣️ Here's how Feedtrail's EX application can make a tangible difference: 🔍 Understand training and communication gaps. 🛑 Gauge and prevent potential turnover. 💰 Demonstrate cost savings (e.g., retaining nurses vs. utilizing traveling nurses). 🌈 Foster workforce diversity and inclusion. 🎉 Recognize and celebrate star performers. 🎯 Identify strategic areas for resource allocation. 📝 Ensure compliance with regulatory requirements, including Culture of Safety surveys. Moreover, by enhancing employee experience, healthcare institutions can cultivate a culture where staff feel valued, motivated, and receptive to feedback. Feedtrail's EX application facilitates key outreach initiatives such as annual surveys, new hire feedback, internal Net Promoter Score, exit surveys, and ongoing pulse checks. 📊 Learn more here: https://lnkd.in/grYK-279 #HealthcareExperience #EmployeeWellbeing #MentalHealthAwareness #Feedtrail #EmployeeExperience #HealthcareHeroes

It's time to put on our thinking caps 🎩 🎩 🎩 You're a mid-sized employer, and you are doing absolutely everything right. Things are going great. but, you can't get a handle on your rising benefits cost. Pharmacy spend in particular is on the rise. And you've tried the PBM thing in the past too. There may be a cost-effective alternative for you elsewhere. Let's use that thinking cap! ***Pharmacy Coalitions*** 👆  👆 👆 In our most recent Employee Benefits Executive Series article we explore how these plans may help to reduce your plan spending, and important considerations for working with one. Check out the article below and learn more!