If you missed our most recent webcast, Healthcare Benefits Trends to Watch in 2014 featuring insights and analysis from leaders at Microsoft U.S. Health and Kaiser Permanente, you're in luck.
Healthcare Trends Institute (HTI), a leading research organization compiling the top news and analysis regarding both Healthcare Reform and Defined Contribution, has released the slideshow covering the discussion from this webcast.
Part of HTI's quarterly HealthChange web series, this webcast featured analysis from leaders in the healthcare field.
Featured in this webcast were the following:
-Shajmil Smith, Executive Director of Product Program Services, National Product Management, Kaiser Permanente
-Sam Robinson, Health Plan National Director, Microsoft Health and Life Sciences.
-Members from our own advisory board
To listen to the full report and insight, follow the link (http://www.evolution1.com/healthcare-trends-institute/healthcare-benefits-trends-webcast-presentation-now-available-for-download/) and download the full review.
6. Emerging Benefit Trends for a Post-Reform Healthcare Market
Shajmil Smith, Executive Director in National Product Management
Kaiser Permanente
February 4, 2014
8. Market Context:
Impacts from the Affordable Care Act and the continued pressure to control costs are
driving changes across every sector of the healthcare marketplace
Source: Strategic Health Perspectives, 2013
8
Response to
changing
healthcare market
(more costs, risk,
and change)
Shift to retail
healthcare
marketplace
New employee
benefit
strategies
Continued focus
on ACA
implications
Focus on
consumer
engagement
and wellness
Overarching slowdown in revenue
growth across entire industry
Confidence in public and private
exchanges increasing and defined
contribution taking shape
Employers continue movement to
narrow Networks, CDHPs, and
strategies that reduce coverage for
certain populations
Continued focus on rewarding
healthy behavior and increasing
consumer engagement
9. Emerging Trends:
Consumer Directed Health Plans are expected to continue to grow
9
Enrollment in CDHP’s continue to increase, with an additional focus on CDHC as a Total Replacement Strategy
While only 10% of employers have moved to a total replacement strategy for CDHC, another 44% are expected
to move in in this direction over the next 3 – 5 years
Additionally, where only 5% of employers require employees to contribute to their own HSA as prerequisite to
earning a match contribution, more employers
Source: Mercer’s National Survey of Employer-Sponsored Health Plans
Aon Hewett 2013 Health Care Survey
10. Emerging Trends:
Companies are using a variety of strategies to contain insurance costs
10
§ Continuing to increase co-pays/deductibles.
Movement to CDHPs
§ Using narrow networks/ACOs to lower rate
without or in addition to cutting benefits
§ Employers offering Medicare Group
coverage are cutting retiree coverage or
moving to a Connector
§ Dependents, early retirees, and part time
employees to be increasingly squeezed out
of coverage
§ A growing number of employers are shifting
to defined contribution models and the use of
private exchanges to deliver health
insurance
26%
45%
59%
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
2011 2012 2013
“My Company is Actively Exploring Ways to Get Out of
Providing Health Insurance to our Employees”
(% Strongly Agree or Somewhat Agree)
Source: 2013 Strategic Health Perspectives Report
11. Emerging Trends:
Companies are changing the way they approach providing healthcare
Source: Strategic Health Perspectives, 2013
11
Base: All Employer Health Benefit Decision Makers (N=313)
Q910: Do you provide health insurance benefits or some type of financial contribution towards health costs to any of your employees?
Q911: Which health benefit do you currently offer to your employees?
Q1401: Assuming the ACA remains intact, what is your future plan for health insurance benefits for your employees? Please estimate what your company will be doing in 2015 and in 2020.
12. Emerging Trends:
Alternative approaches to delivering care provide opportunities to engage
consumers in a cost-efficient way
12
• According to the 2013 Kaiser Family Foundation Report, 35% of firms offering health benefits
stated that wellness programs would be very effective at containing health insurance costs, more
than any other strategy
• Among firms offering health benefits, over half (56%) cover care received at retail clinics in the
plans with the largest enrollment. Of those, 17% offer a financial incentive
13. Conclusion
§ Existing strategies such as movement toward CDHP’s, focus on
wellness and healthy behavior, and narrowing healthcare coverage,
will continue to provide opportunities to manage costs
§ A shift towards a more retail-oriented healthcare marketplace is also
emerging as a strategy that provides consumer choice and cost-
efficiency opportunities
§ Post Reform, employers will need to execute strategies that respond
to the impending ACA implications, manage costs, and increase
consumer engagement
13
14.
Emerging Technology Trends
SAM ROBINSON
NATIONAL DIRECTOR, U.S. HEALTH AND LIFE SCIENCES
SAMROB@MICROSOFT.COM
15. Megatrends that will dominate the next
decade
of CIOs see
mobile as most
disruptive
technology over
next decade
70%
of all new
application
development
target a mobile
form factor
>1/3
Today
57%of
enterprises
will be
invested in
enterprise
social by
2014
Social networking will
follow not just people
but also appliances,
devices and products
>70%of CIOs will
embrace a cloud-first
strategy by 2016
of organizations
planned to
increase public
cloud spending in
2013
54%
Spending
on Big Data:
Percent
of digital
universe
tagged:
3%
(2020)
33%
(today
)
$10 billon 2013 >
$20 billion 2016
zettabytes
in 2013
4
50%
From
2012
Total
digital
content
will
grow =
16. Consumer Engagement
Engage
Ac3vate
Having
the
mo#va#on,
knowledge,
confidence,
and
capabili#es
to
take
a
role
in
managing
your
health
Ac#ons
that
people
take
for
their
health
and
to
benefit
from
care.
19.
Xbox
Fitness
brings
you
the
world’s
best
workouts
with
instant,
personalized
feedback,
right
in
your
home
on
Xbox
One.
ü Train
with
Jillian
Michaels,
Tracy
Anderson,
Tony
Horton,
Shaun
T.,
and
more!
ü Op3mize
every
workout
with
immediate
feedback
on
your
form,
power
and
heart
rate
with
the
all
new
Kinect
AcHve gaming via Xbox Fitness
q Interac3ve,
fun,
gaming
environment
that
encourages
movement
q Social
connec3on
via
Xbox
Live
and
Skype
q Kinect
sensor
provides
real-‐3me
feedback
including
biometric
data
q Studies
underway
for
diabetes
preven3on
20. Smart buildings with idenHty:
Meet Ingrid and Ingmar
• Integrate
health
into
lifestyle
• Serves
as:
• Community
Organizer
• Health
Coach
• Storyteller
• Gamifies
Health
• Challenge
• Interac3on
• Communica3on
• Email
• Text
• Smart
Displays
• Home/Office/Mobile