Addressing concerns about the sustainability of employer-funded healthcare
The role of employer-funded healthcare is shifting from being a back-up to the primary point of healthcare access for more and more employees. This is being driven by rising NHS waiting lists, difficulties getting doctors’ appointments and increasing levels of chronic illness. A record number of employees with employer-paid cover led to claims of nearly £3bn in 2022, driving up premiums sharply.
Employers are becoming increasingly concerned about these rising costs and the sustainability of their policies. REBA’s own LinkedIn poll found that 30% of employers are extremely worried about the trend.
The value of offering healthcare is clear for those wanting to create healthier workplaces, with a growing appreciation of the value of prevention rather than treatment. Employees want and expect this kind of support from their employers, so what is the solution?
REBA has created the Future of Workplace Health & Protection Summit to explore these major challenges. The day-long event on 6 March at the RSA in London will bring together experts from across the sector to share insights and ideas focused on how the market is changing and what employers can do to protect the health of their employees in a cost-effective and sustainable way.
The key issues to be explored throughout the day will include:
- How the health insurance, group protection and health trust market in the UK and globally is evolving
- How employers are juggling buying decisions and budgets
- What medical inflation means for health and insurance in the next two to five years
- How accessing healthcare will change and the drivers behind this
- The impact of advances in AI and medical technology and what this means for clinical journeys
- Reviewing benefits – building effective supplier relationships to drive value and ROI
- The evolution of insurance, prevention and wellbeing at work products and services.
As well as lively panel debates and informative speaker sessions, a significant part of the day will be given over to workshops, where, in small groups, you can discuss the issues that matter to you. Options to choose from include:
- Global medical trends: cost and risk implications for health and protection insurance over the next two to five years, with Alice Harkness, Multinational Client Leader for Europe, Mercer Marsh Benefits
- How AI will help us improve engagement, transform employee experience and mitigate global workplace health cost increases, with Max Landry, Co-Founder and Co-CEO and Evan Harris, Co-Founder, Peppy
- Managing and mitigating health risks and costs: driving value for spend through preventative and rehabilitative wellbeing services, with Dr Luke James, Partner – Workforce Health Leader, Europe, Mercer Marsh Benefits
- Is a Healthcare Trust the right option for your organisation? Hosted by John Dean, Consulting Development Director, Healix
- The healthcare conundrum: balancing cost, cover and employee vs employer responsibility with Matthew Gregson, Executive Director, and Hugh Bennett, Head of Corporate Healthcare, both from Howden Employee Benefits & Wellbeing
- Using Multinational Pooling or Captives for cost efficiency and better control of risks, with Nick Pemberton, Head of Strategic Partnerships, MetLife.
The Future of Workplace Health & Protection Summit will give you the tools, tips and contacts to create effective strategies to address emerging health issues and mitigate risks for both your people and your organisation.
The Summit is exclusively for reward and employee benefits directors in mega, large, or medium-sized organisations who are reviewing their workplace healthcare and insurance. Register your interest.