Anthem: Employers embracing bundled health, wellness benefits

Hong Kong CIOs value prior experience over education in prospective IT staff (Image AntonioGuillem / iStockPhoto)
Employers seeing benefits of bundling health and wellness benefit plans. (AntonioGuillem/iStockPhoto)

A new study reveals that bundled health and wellness benefits can result in better care, lower costs and more satisfied employees.

The Anthem biennial Integrated Health Care report revealed that more than 71% of the 222 employers surveyed are considering or already actively integrating wellness services, an 11% increase from 2016. 

The idea is that an umbrella program of services, including medical, pharmacy, dental, vision and disability benefits, will positively impact employee outcomes, the respondents said. 

Free Daily Newsletter

Like this story? Subscribe to FierceHealthcare!

The healthcare sector remains in flux as policy, regulation, technology and trends shape the market. FierceHealthcare subscribers rely on our suite of newsletters as their must-read source for the latest news, analysis and data impacting their world. Sign up today to get healthcare news and updates delivered to your inbox and read on the go.

“At Anthem, we are championing the power that claims data and analytics can have when leveraged through integrated healthcare and I’m encouraged that more and more employers are adopting this approach,” Nick Brecker, president of Anthem’s Specialty Business, stated in an announcement. “By addressing ‘whole person health’ we can identify and communicate opportunities to positively impact employees’ health, provide them with a simplified experience and lower their health care costs.”

RELATED: Anthem moves up the launch of its PBM to Q2 2019

For example, the study reported that 25 of the top 25 utilized drugs have vision and/or dental side effects. Therefore, it’s important that providers are notified of the medications their patients are taking in order to provide proper treatment, the report said. 

And 88% of surveyed employers agreed that integrated healthcare benefit programs make employees happier in several ways.

In addition, 90% stated that integrated benefits make a compensation package more attractive, and 86% agreed that it reduces employee turnover. Plus, there is the ethical argument, where many organizations agree it is “the right thing to do,” according to the survey.

However, the Anthem research also showed that when these services are siloed, it can leave employees and providers with a disconnected view of health.

Suggested Articles

Humana filed suit Friday against more than a dozen generic drugmakers alleging the companies engaged in price fixing.

Medicare Advantage open enrollment kicked off last week, and insurers are taking new approaches to marketing a slate of supplemental benefit options. 

Centene announced another five states have approved its pending $17B merger with WellCare, bringing total number of approvals to 24.