At REBA we aim to ensure that Reward and Benefits practitioners are aware of what is coming down the line that will impact their wider strategies. We know you're aware of rising healthcare inflation and the impact this is beginning to have on health & wellbeing benefits design. This invitation-only event will support senior Reward & Benefit professionals with fact-finding and strategy planning for their next steps in this uncertain territory.
Employers can expect to see their insurance costs double within a few years due to high medical inflation globally - the global average for 2023 is expected to be 9.2 percent (up from 7.4 percent in 2022) according to Aon’s 2023 Global Medical Rate Trends Report, while in the UK, employers are being quoted up to 30 percent cost increases for group insurances for 2024.
This means that employers are re-thinking insurances, what they offer and how they offer them. This level of cost change is also impacting the profitability of insurers and health trusts causing them to rethink their offerings, focus harder on preventative services as well as expand wellbeing products. The near future trend is to increase the number of employees being helped earlier and reduce those needing to claim.
The key aim is to provide a stimulating networking, learning and information-sharing opportunity for senior reward and benefits leaders with responsibility for healthcare and insurances in their organisations.
This Summit will bring together HR, Benefits, Health and Risk leaders to examine current challenges and emerging solutions to mitigate rising people risks to business and employee benefits budgets, both for the UK and globally.
Key stakeholders will be personally invited to come together to analyse and discuss the future of workplace health and protection insurances. These stakeholders include:
A great day! Engaging speakers and fellow attendees keen to discuss and share stories.
Senior Reward Manager, Visa
The best event I have to been to in a long time with some fantastic speakers.
Head of Benefits and Pensions Operations, Informa
A fresh summit for benefits professionals. I picked up plenty of themes and tips and contacts with great people.
Director - Pensions & Benefits, UK & Europe – AtkinsRealis
One of the best events I have attended in a long while.
Head of Reward & HR Operations, OGCI Climate Investments LLP