Key Highlights
- 63% of employers cite cost as a crucial factor in benefits packages, with 89% actively seeking ways to reduce healthcare expenses.
- Employees feel the burden of rising healthcare costs, with 42% reporting increased medical expenses over the past year.
- Quantum Health’s navigation platform plays a pivotal role in enhancing healthcare management and cost efficiency.
Source: Business Wire
Notable Quotes
- “Based on our findings, costs are a clear factor for both employers and employees, and costs will remain a critical issue that employers will need to manage as they look to continue to offer well-considered benefits plans.” – Kerry Gross, Director of Research Intelligence at EBN
- “Utilizing our proprietary Real-Time Intercept® model, our Healthcare Warriors® proactively engage with members to get them on the right healthcare path, advocating for them and mitigating ineffective or costly claims.” – Veronica Knuth, Chief People Officer at Quantum Health
SoHC's Take
The EBN State of Healthcare 2024 study highlights a persistent challenge in managing healthcare costs which continues to be a significant concern for both employers and employees. As costs rise, the emphasis on effective navigation services like those offered by Quantum Health is becoming increasingly vital. These services not only provide critical support and savings but also ensure that employees receive appropriate care without unnecessary expenditures. The reliance on digital health tools and data-driven decisions is reshaping how companies approach healthcare benefits, suggesting a trend towards more personalized and efficient healthcare solutions in the future.
