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Marathon Health Blog

How to Cut Your Healthcare Spend by 25%

The cost of healthcare continues to rise. In fact, “healthcare benefit costs are still rising at two times the rate of wage increases and three times general inflation, making this trend unaffordable and unsustainable over the long term," according to a recent publication by the Society of Human Resource Management (SHRM). “The total cost of healthcare, including premiums and out-of-pocket costs for employees and dependents, is estimated to average $14,800 per employee in 2019, up from $14,099 this year.”

This is the bad news. The good news is employers are learning there are actionable steps they can take to reduce the rising costs of healthcare.  

What's it Like to Be a Wellness Nurse?

From Medscape

As nurses explore healthcare opportunities across the U.S., one model continues to grow - worksite healthcare. In fact, 33 percent of large employers now offer healthcare directly at the worksite. This model brings whole health and wellness services to the workforce to keep healthy people healthy and prevent or manage chronic conditions. Worksite healthcare is transforming the U.S. healthcare system for employers and medical professionals.

Cut the Cost of Stress in the Workplace

Stressed workers cost employers $500 billion each year

From the factory floor to the corporate boardroom, rising workplace stress negatively impacts productivity, employee health, and your organization’s bottom line. In fact, stressed workers cost employers $500 billion annually. The good news is your organization is able to directly address this issue. Employees spend at least one third of their day at the worksite, which provides you an excellent opportunity to promote better physical and mental health across your workforce.

What Employees Need to Make Lasting Health Improvements

Whether trying to lower their blood pressure, manage their weight, quit smoking, or decrease their stress, your employees need support in their health. But, they can’t move along their health journey if they’re not ready or interested in doing so. To better understand your employees’ unique health hurdles, worksite healthcare providers can assess their willingness to change through health coaching and motivational interviewing. This approach provides the guidance, support, and education employees need to begin their health journey.

Top 3 Employer Healthcare Trends

Employers are taking the reins on rising healthcare costs. At an increasing pace, we saw U.S. employers implement different methods of providing quality care for their employees, without breaking the bank. More than two-thirds of U.S. employers currently offer wellness programs and 33 percent of large U.S. employers now offer worksite healthcare to their employees. As a result, employers are moving the needle on expensive healthcare claims by supporting their employees in their health improvement – and it makes good business sense. The Washington Post reports that this approach “can help companies reduce healthcare costs, cut absentee rates, and perhaps attract top talent.”

Why Leadership is Essential for Employee Worksite Healthcare

Employers know healthy employees are productive employeesand they cost less. It’s no surprise that one third of large U.S. employers have chosen worksite healthcare, and more than two-thirds of U.S. employers currently offer wellness programs. When employers build a culture of wellness with supportive health resources – such as worksite health centers – they play a proactive role in improving employee health. The Washington Post reports that this approach “can help companies reduce health-care costs, cut absentee rates, and perhaps attract top talent.” But, introducing these resources isn’t enough. It’s essential to engage your leadership team to achieve results.

A Proactive Approach to Reducing Drug Costs

Prescription drug costs are rising in the U.S. leading to higher health insurance costs and access issues for your employees. As a result, Americans are finding it difficult to afford medications which leads to dangerous consequences. “In a 2013 survey, one in five adults in the U.S. said they failed to complete a prescribed course of medicine because of cost.” NPR reports that 1 in 4 patients living with diabetes have rationed their insulin due to costs more than doubling since 2012.

Predictive Health Analytics Essential to Improving Employee Health

We believe in a radically different philosophy of healthcare. We believe the best path to sustained health improvements occur when the patient is in charge. When you empower people to take control of their health, they develop new health behaviors, make smarter healthcare decisions, improve their health, and lower costs. It’s a simple equation that yields powerful results.

Diabetes Education Reduces Costs, Improves Health

More than 30 million Americans live with diabetes —96 percent of which have been diagnosed with Type 2 diabetes. The Centers for Disease Control and Prevention estimates that a third of Americans over the age of 18 have prediabetes. What do these numbers look like in your workplace?