The U.S. healthcare system is notoriously expensive, disjointed, and difficult to navigate, and the country's network of private employer-sponsored health benefit plans has done little historically to simplify this complex system. As a result, many companies struggle to utilize their health plans to their full potential and their employees are left unable to access the care they need most.
This new Harvard Business Review Analytic Services report explores how the rise of integrated health benefits platforms can solve these problems by enabling employees to make better health care decisions and streamlining plan administration for HR teams.
This report walks through:
- The trends pushing companies to turn to third-party administrators to help administer their self-funded plans
- How integrated health benefits platforms collect data and generate reports on claims, utilization, payments, and program engagement to help HR teams better understand the impact of their health benefits strategy
- How a modern, agile approach to benefits can help firms stand strong in a highly competitive labor market