Employers are responsible for the health coverage and well-being of millions of Americans. Healthcare is a highly valued employee benefit, and it’s one of the biggest items in any organization’s budget.
Employers have the collective influence to improve health outcomes. Successful efforts to personalize the experience, pay for value, drive to quality and embrace disruption have resulted in progress. Facing the impact of market forces accelerated by COVID-19, employers now need to derive greater value from health and benefits programs. It is time for employers to rebalance the quality vs. cost equation, and reinvent for value. We can help.
people are provided health coverage through employers (more than half of the US population¹)
employer spend on healthcare²
variance of quality of care for physicians in the same specialty3
These facts add up to an important opportunity: With Mercer, employers can tap into innovations to positively impact health costs and outcomes for their business and employees. We’re here to disrupt current trends and put more power in employers’ hands.
Employers can take specific value-based actions to drive desired outcomes by reinventing through design, experience and execution. Actions can range from short-term, less disruptive efforts to long-term actions that disrupt the system as we know it.
Employers provide health coverage for 180 million people in the US.1 Other industry stakeholders — health systems, health insurers and public entities — play significant roles in shaping the healthcare system. Now is the time for employers to work together as a stakeholder group and with other stakeholders to inform the creation of a higher quality, more transparent healthcare market for all.
Mercer’s Center for Health Innovation (CHI) works side by side with employers of all sizes and employer coalitions to solve big problems by bringing practical and relevant ideas to life. Our goal is a powerful one: to transform the market in meaningful ways.
Employers know the power of collective influence in the marketplace. CHI aims to harness that influence for real healthcare change. We develop creative solutions and thought leadership for employers by collaborating with clients, startups, nonprofits and academia to deliver meaningful outcomes.
We’re embracing a philosophy of open, actionable innovation to generate solutions that solve challenges specific to both mid-size businesses and large employers. Our approach encompasses:
Great work is happening in academia, think tanks and healthcare business groups. But if one discipline can’t translate its ideas to another, knowledge stays siloed. By building relationships between like-minded groups, we can co-innovate and advance healthcare together.
What healthcare obstacles are you facing? We love the challenge of delivering innovative healthcare solutions to help your organization thrive.