Member-only story
“Where Technology Meets Wellness for a Healthier Future”
Reimagining US Employer Health Benefits: Leveraging Continuous Patient Engagement and Gamification through a Cyber-Physical-Human System
The United States’ healthcare is at a transformative moment. However, commercial healthcare costs continue to increase, making the system more and more straining and prompting employers and insurers to search for creative ways to decrease costs while improving the members’ experience. It’s not just cost containment; it’s creating real engagement with employees in a new and unprecedented way that goes far beyond what was assumed possible. That’s where continuous patient engagement and the gamification of health interactions over a user’s Cyber-Physical-Human System (CPHS) begins to redefine employer health benefits.
The Rising Tide of Healthcare Costs and Market Pressures
In past years, the rate of annual healthcare cost increase in the US is already estimated to be 9% — 10%. By 2024, the rate is expected to slow down slightly from 10% to 9%; however, by 2026, it will be on the rise once again to just above 10%, according to McKinsey. The result is that this surge puts a tremendous amount of pressure on employers, as they are by far the…
