{"id":130811,"date":"2024-10-23T07:30:00","date_gmt":"2024-10-23T11:30:00","guid":{"rendered":"https:\/\/medcitynews.com\/?p=130811"},"modified":"2025-02-07T15:12:16","modified_gmt":"2025-02-07T20:12:16","slug":"how-do-employers-address-rising-healthcare-costs","status":"publish","type":"post","link":"https:\/\/medcitynews.com\/2024\/10\/how-do-employers-address-rising-healthcare-costs\/","title":{"rendered":"How Do Employers Address Rising Healthcare Costs?"},"content":{"rendered":"\n<p>In the midst of budget planning season, businesses are confronted with the looming challenge of managing healthcare costs, a significant line item in their budgets. Reports from the Business Group on Health project an unprecedented 8% increase in healthcare costs by 2025, placing employers under pressure as budgets strain to keep up with this surge.<\/p>\n\n\n\n<p>Join us for an insightful discussion aimed at delving into how employers are tackling the intricate challenges posed by rising healthcare costs while prioritizing employee health and well-being. This webinar, sponsored by Personify Health, a leader in personalized health platforms, is scheduled for&nbsp;<strong>Thursday, October 24, at 1pm ET.<\/strong><\/p>\n\n\n\n<p>This C-suite discussion includes the perspectives and sometimes competing vantage points of the CFO, CHRO and CMO on topics including:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Strategies employed by employers to manage the upward trend in healthcare costs within their budgets<\/li>\n\n\n\n<li>Innovative cost-saving measures being implemented by employers in healthcare<\/li>\n\n\n\n<li>Simplification of the healthcare navigation process from an employer\u2019s standpoint<\/li>\n\n\n\n<li>Balancing quality healthcare provision with cost considerations<\/li>\n<\/ul>\n\n\n\n<p>Register by filling out the form below and discover actionable insights and pragmatic solutions to address the ongoing budget battle in healthcare.<\/p>\n\n\n\n<p>Count on valuable guidance as we explore the intricacies of healthcare solutions, from promising treatment options like GLP-1 drugs and gene therapies for chronic conditions to advancements in women\u2019s health and drug pricing regulations. Be part of the conversation and equip yourself with the knowledge to navigate the evolving healthcare landscape.<\/p>\n\n\n\n<p>Webinar panelists include:<\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"706\" height=\"878\" src=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image001-1-1.png\" alt=\"\" class=\"wp-image-130096\" style=\"width:155px;height:auto\" srcset=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image001-1-1.png 706w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image001-1-1-241x300.png 241w\" sizes=\"auto, (max-width: 706px) 100vw, 706px\" \/><\/figure>\n\n\n\n<p><strong>Dr. Jeff Jacques<\/strong>, <strong>Personify Health Chief Medical Officer<\/strong>,<strong> <\/strong>is a physician executive leader and entrepreneur with more than 20 years of experience building solutions that deliver personalized support for individuals experiencing complex care journeys. At Personify Health, he focuses on ensuring alignment with member and market needs, enhancing the company\u2019s behavior science approach, and exploring additional ways our unique capabilities can further simplify and support the member journey. He was previously CEO and co-founder of CareTribe, a digital health platform for family caregivers (acquired by Cleo). He also held leadership roles at CVS Health\/Aetna, including as the founder of NeoCare Solutions, supporting the parents of premature infants in the NICU.<\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-large is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"819\" height=\"1024\" src=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/FronstinPaul-819x1024.jpg\" alt=\"\" class=\"wp-image-130097\" style=\"width:167px;height:auto\" srcset=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/FronstinPaul-819x1024.jpg 819w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/FronstinPaul-240x300.jpg 240w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/FronstinPaul-768x960.jpg 768w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/FronstinPaul.jpg 1200w\" sizes=\"auto, (max-width: 819px) 100vw, 819px\" \/><\/figure>\n\n\n\n<p><strong>Paul Fronstin, Employee Benefit Research Institute (EBRI) Director Health Benefits Research, <\/strong>has worked for the private, nonprofit, nonpartisan organization committed to original public policy research and education about economic security and employee benefits since 1993. He also oversees EBRI\u2019s Center for Research on Health Benefits Innovation. His research areas of interest include trends in employment-based health benefits, employee benefits and public policy, health plan design, health savings accounts (HSAs), workplace wellness programs, retiree health benefits, and public opinion about health benefits and health care. He currently serves on the Board of Trustees for Emeriti Retirement Health Solutions and serves on the National Advisory Board for the University of Michigan Center for Value-Based Insurance Design.<\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"620\" height=\"620\" src=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/Scott-Peterson-headshot-8x10-1.jpg\" alt=\"\" class=\"wp-image-130294\" style=\"width:186px;height:auto\" srcset=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/Scott-Peterson-headshot-8x10-1.jpg 620w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/Scott-Peterson-headshot-8x10-1-300x300.jpg 300w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/Scott-Peterson-headshot-8x10-1-150x150.jpg 150w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/Scott-Peterson-headshot-8x10-1-70x70.jpg 70w\" sizes=\"auto, (max-width: 620px) 100vw, 620px\" \/><\/figure>\n\n\n\n<p><strong>Scott Peterson<\/strong>,<strong> Scott Peterson Executive Advisor LLC Principal<\/strong>,<strong> <\/strong>specializes in executive coaching, advising companies on succession, culture, and executive compensation. His career has been distinguished by unique roles that encompass CHRO responsibility with leadership for Governmental Relations, Strategic Planning, Public Relations, and Communications. He is experienced leading in global public enterprises, private family-owned companies, pre-IPO start-ups, and financial turnarounds. He previously served as a CHRO for the Schwan Food Company. He has also served in HR roles with Select Comfort, Life Time Fitness, and more.    <\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"340\" height=\"340\" src=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/10\/image_duncan.png\" alt=\"\" class=\"wp-image-130838\" style=\"width:174px;height:auto\" srcset=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/10\/image_duncan.png 340w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/10\/image_duncan-300x300.png 300w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/10\/image_duncan-150x150.png 150w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/10\/image_duncan-70x70.png 70w\" sizes=\"auto, (max-width: 340px) 100vw, 340px\" \/><\/figure>\n\n\n\n<p><strong>Duncan Welstead is CFO of Redox<\/strong>, a leader in the healthcare data interoperability space. Duncan was previously CFO and Head of Finance for Verily where he helped to create the business as an independent health tech company and one of the original Alphabet Other Bets. Duncan also worked in Finance at YouTube and previously worked in investing at a growth stage, mid-market private equity firm.\u00a0<\/p>\n\n\n\n<figure class=\"wp-block-image alignright size-full is-resized\"><img loading=\"lazy\" decoding=\"async\" width=\"714\" height=\"888\" src=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image002.png\" alt=\"\" class=\"wp-image-130098\" style=\"width:198px;height:auto\" srcset=\"https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image002.png 714w, https:\/\/medcitynews.com\/wp-content\/uploads\/sites\/7\/2024\/09\/image002-241x300.png 241w\" sizes=\"auto, (max-width: 714px) 100vw, 714px\" \/><\/figure>\n\n\n\n<p>E<strong>rica Sniad Morgenstern<\/strong>,<strong> Personify Health Chief Marketing Officer<\/strong>,<strong> <\/strong>leads the company\u2019s marketing strategies, initiatives, and operations. She led the company\u2019s rebrand to Personify Health, and oversees everything from demand generation to product and client marketing and corporate communications. She previously managed communications and marketing at Welltok (acquired by Virgin Pulse) and Epocrates, the app of choice for half of all U.S. physicians.&nbsp;<\/p>\n\n\n\n<p><strong>To register for the webinar sponsored by Personify Health on October 24, please complete the form below:<\/strong><\/p>\n\n\n\n<script charset=\"utf-8\" type=\"text\/javascript\" src=\"\/\/js.hsforms.net\/forms\/embed\/v2.js\"><\/script>\n\t\t\t\t\t<script>\n\t\t\t\t\thbspt.forms.create({\n\t\t\t\t\t\tregion: 'na1',\n\t\t\t\t\t\tportalId: '2097126',\n\t\t\t\t\t\tformId: 'fc27c5d0-2826-401a-8411-a7d99797ee62',\n\t\t\t\t\t\ttarget: '#hubspot-form-fc27c5d0-2826-401a-8411-a7d99797ee62'\n\t\t\t\t\t});\n\t\t\t\t\t<\/script>\n\t\t\t\t\t<div id='hubspot-form-fc27c5d0-2826-401a-8411-a7d99797ee62'><\/div>\n\n\n\n<p><strong>Photo<\/strong>: <em>NicoElNino, Getty Images<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Join us Thursday, October 24, at 1pm ET for a webinar sponsored by Personify Health on how employers navigate the intricate challenges posed by rising healthcare costs while prioritizing employee health and well-being. <\/p>\n","protected":false},"author":26067,"featured_media":10965,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"featured_image_focal_point":[],"homepage_placement":"featured","homepage_placements":{"top":true,"featured":true,"sidebar":false},"homepage_alternative_layout":false,"featured_categories":[],"hide_from_feed":false,"footnotes":""},"categories":[156,63,132,120,117,30],"tags":[42255,38768,51791,52120,39048,37487],"class_list":["post-130811","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-employer","category-daily","category-employee-benefits-channel","category-health-services","category-health-tech","category-sponsored-post","tag-employer-healthcare-costs","tag-employers","tag-personify-health","tag-presented-by-personify-health","tag-sponsored-content","tag-webinars"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.9 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>How Do Employers Address Rising Healthcare Costs? 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