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Takeaways for Employers from the Commonwealth Fund’s Report Mirror, Mirror 2021 Report

August 24, 2021

The Commonwealth Fund released their periodic comparison report of various national health systems this month entitled “Mirror, Mirror 2021: Reflecting Poorly.” The report is a series of comparisons performed every 4 years, with prior entries in the series below: 2017: International Comparison Reflects Flaws and Opportunities for Better U.S. Health Care 2014: How the U.S. …

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Rising Health Plan Costs Inhibit Attracting and Retaining Talent

August 4, 2021

Grant Thornton, a large accounting company,  conducts a survey of CFOs every quarter and their second-quarter survey of 2021 yielded some insights on how finance leaders are thinking about talent shortages and rising employee benefit costs. CFOs and People Leaders See Rising Health Plan Costs as a Challenge The key takeaway is that human capital …

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Takeaways from Going Digital: Behavioral Health Tech Summit 2021

June 9, 2021

Last week, I had the opportunity to speak to healthcare professionals, employers, business leaders, and more at Going Digital: Behavioral Health Tech Summit 2021 with Solome Tibebu. We covered a number of topics related to behavioral health and how employers can play a role in this important field. You can watch the interview below and …

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Mental Health Awareness Month for Employers

May 12, 2021

Click here to discuss your workplace mental and behavioral health! We’re about halfway through Mental Health Awareness Month. Seeing as how employers provide health insurance to about half of American adults, we think it’s important for employers to think about their own role in the mental and behavioral health of their employees. With so much …

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Preventative Mental Health with Lyra Health’s Guided Self Care

March 9, 2021

Mental health is one of the thorniest issues in health care today. Undiagnosed and untreated mental health conditions are at epidemic-level proportions in this country. During the COVID pandemic, anxiety and depression rates have increased significantly. According to CDC surveys, rates of anxiety and depression rose to levels of 25 to 30 percent in 2020. …

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Statistics about Stop-Loss Insurance and Claims

October 6, 2020

Most large employers self-fund their health insurance and medical benefits rather than using traditional health insurance. This gives them opportunity for savings but does expose them to large and catastrophic claims. While an employer can realize the benefits from exercising more control over their healthcare savings, they could find themselves in the red due to …

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Health Care Costs Consumed More than 10 Percent of Median Paychecks in 2018

October 2, 2020

Health care is becoming increasingly expensive for Americans. This isn’t news and recent data backs it up. Health insurance premium contributions and deductibles combined are a good measure of total health care costs for Americans. Recent Findings Suggest American Workers are Spending More on Health Care According to this measure, the Commonwealth Fund of NYU …

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RAND Study Finds That Private Health Plans Pay 247% of Medicare

October 1, 2020

The U.S. healthcare system has two categories of payers, pubic and private. And according to a new RAND study that looked at 2018 data, prices paid to hospitals by privately covered patients averaged 247% of what Medicare would have paid. The exact figure for a given state varied widely. The authors of the study analyzed …

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