marsh
As economic, social and climate pressures continue to challenge employers; businesses must take a holistic and unified approach to identifying, evaluating and mitigating threats to their organizations. Our 2022 People Risk Report showed the impact workforces have on organizational resilience and sustainability, making the health and well-being of employees a top priority not just for HR but also for risk managers and C-suite.
Our recent insurer survey (Health Trends 2023 Report) surveyed insurers from around the world, including 14 markets in MEA, to identify the key health trends organizations should expect in 2023 and the impact of these trends on their businesses.
With the ongoing war for talent, soaring inflation, and rising healthcare costs, employers will need to make changes in the way they operate in order to ensure they are meeting the expectations of their employees.
With per-person medical costs on the increase again, businesses with employer-sponsored medical programs need to ensure they are containing medical costs while maintaining benefit plan competitiveness and value for employees. Employers should:
COVID-19 continues to impact claims and insurers say people are experiencing the effects of disrupted care alongside ongoing COVID claims. To manage the ongoing impacts of the pandemic, employers should:
Changes in the nature of work and employee expectations resulted in businesses reviewing and adapting their benefit strategies to keep up with plan modernization. Digital health support is rapidly evolving but there has been limited progress on health sustainability. Employers should:
Despite progress, mental health gaps persist as plans continue to exclude mental health care or provide minimal coverage. In order to ensure their benefit plans are sustainable and gaps in mental health care are filled, employers should:
The management of benefit plans in a compliant and fair manner is becoming increasingly complex especially when it comes to meeting new legislative and regulatory requirements. Organizations must prepare for more complex plan-design decisions and should: