Healthcare costs are continuing to rise and consumers find navigating the industry to be difficult. The pressure to measure your health management strategy and interventions has never been higher. According to the U.S. Department of Health and Human Services, just 5% of your employees will generate nearly half of your health care costs. Knowing that, it only seems rational to invest precious wellness resources where the greatest return will be realized. However, knowing where to invest those resources tends to be the largest and most difficult obstacle — especially with how quickly lives and health situations change.
The challenge lies in identifying individuals whose risk and costs are rising: those struggling with chronic conditions and behavioral and lifestyle problems (who are most likely not participating in wellness programs). We believe the key is to create unique paths as individualized as the health situation, motivations and personality of each person.
Using real time predictive analytics, we identify the elusive 5% of higher health-risk employees who account for half of their total costs. Many of these employees suffer from chronic conditions and often don’t participate in corporate wellness programs.
We then provide timely medical advice and cost information into the hand of your employees where and when they need it with smart mobile technology.