2019 Benefits Trends: Benefits Cost Control

Share :

2019 is here and it’s time to start the year fresh with new goals, initiatives and strategies for success. Are you curious about what’s on the horizon for benefits administration in 2019? If so, we’ve got everything you need to know in our annual Benefits Trends report.

In part 2 of our 3 part series, we’ll cover everything you need to know about benefits cost control trends for 2019. Be sure to download our full Benefits Trends Report for an in-depth look at the top 9 trends that will define this year.

Telehealth

Gone are the days of waiting hours at urgent care for a quick fix to knock out that mystery cold. As frustrations have grown among employees that are fed up with the hassle of current treatment options and among employers that are concerned about their bottom line, technology has evolved to provide more convenient health care alternatives

The average telehealth visit costs only $40 while in-office visits average $125 per visit. Click To Tweet

Benefits of Telehealth

Increases access to health care

More cost-effective for employers and employees

Improves the quality of health care

Employees will actually use it (if you educate them)

HDHPs and Plan Diversity

As the cost of health care continues to rise, employers are looking for creative ways to control costs without cutting corners. Though High Deductible Health Plans (HDHPs) are certainly not a new concept, they have grown in popularity as an option for both employers and employees to save money.

increase in HDHPs

While the total number of companies offering a high deductible plan option is on the rise, the number of organizations offering only a high deductible plan is stagnant. This trend indicates that more employers are favoring providing employees with options when it comes to choosing their own health care destiny.

Be sure to download our full Benefits Trends Report for an in-depth look at the top 9 trends that will define this year.

Get The 2019 Trends Report

Leave a Reply

Your email address will not be published. Required fields are marked *