September 14, 2021 | Issue 18 |
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Informative Trend and Merger Insights Featured at This Year's Member-Owner Meeting
This year’s member-owner meeting includes helpful insights as we continue to enhance our strategic plan. Our featured speakers will provide the latest on two critical topics:
- Healthcare Trends
- Harvard Pilgrim Health Care and Tufts Health Plan Merger
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Find Information You Need on Improved edHEALTH Website
edHEALTH recently enhanced its website to help you easily find the information you need:
- Improved navigation
- Expanded Frequently Asked Questions (FAQs) geared to specific audience interests
- A Trending Topics section that gives you insights into issues affecting healthcare
- New program highlights resource to give you a deeper understanding of edHEALTH features
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5 Reasons Clinical Intervention Program Works: No Costs for Member Schools
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According to a recent report from PricewaterhouseCoopers' Health Research Institute, medical costs will increase on average 6.5% in 2022. The report cites pandemic-related drivers for the jump: deferred care, exacerbated opioid and mental health crises, and an increase in unhealthy habits. Rising provider prices and market clout, skyrocketing prescription drug costs, and new expensive gene therapies will also push up rates.
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Controlling healthcare and prescription drug costs are critical for sustaining effective, affordable healthcare benefits. In 2018, to support these goals edHEALTH introduced KnovaSolutions®, a comprehensive clinical decision support service that focuses on those who need the most help. The savings are compelling - the program saves $3.39 for every $1.00 spent. edHEALTH provides this resource to member schools at no cost.
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Join edHEALTH at NEEBC Program and Discover New Tools to Manage Risk
Open Enrollment season is almost here, and it will soon be time to begin planning for 2023 employee total rewards strategies. Employers that are considering a self-insured healthcare arrangement, are self-insured and looking for new solutions to control costs, or want to learn about cost containment levers, will want to make time for the New England Employee Benefits Council’s (NEEBC’s) Risk Management Solutions program.
NEEBC’s Thursday, October 14, program takes place virtually from 8:30AM – noon. edHEALTH’s Tracy Hassett will describe how captive arrangements control risk. She will be joined by other panelists who will outline data mining and pharmacy management cost control solutions.
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And the Answer Is…
Use a systemic approach to achieve your diversity, equity, and inclusion goals. Juan Lopera, inaugural Chief Diversity, Equity, and Inclusion Officer of Beth Israel Lahey Health, recommends three strategies for making progress on Diversity, Equity, and Inclusion:
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Start the conversation: Conduct active listening sessions with your employees, students, and other stakeholders to find out their experiences. This will help inform your organization’s plan.
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Create a governance structure: Identify who will serve on your Diversity Task Force to take the learnings from your outreach and put plans into actions.
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Put together a five-year plan: Identify your organization’s goals, how you will measure progress toward each goal, and which items are priorities.
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3 Strategies to Help Members Navigate the Pandemic Featured at ACL Conference |
This year’s Association for Collaborative Leadership’s (ACL)’s annual conference focuses on the future of collaboration when “business as usual” resides in the past. This year’s virtual conference, scheduled for October 26-29, will give higher education institution staff engaged in collaborative work the opportunity to re-think and re-envision ways to provide greater value to the institutions and people they support. edHEALTH and three of our member institution HR leaders will offer a roadmap of three strategies to help member institutions navigate the pandemic:
- Collaboration Forums for Members
- Employee Engagement Communications
- Thought Leadership Including Diversity, Equity, and Inclusion
Joining edHEALTH’s Tracy Hassett are Kristin Jadul, Executive Director, Human Resources, Bentley University; Scott Runkle, Director of Employee Benefits & Executive Compensation, Berklee College of Music; and Kevin Pierson, Director of Benefits & Wellness, Brandeis University. Our interactive panel discussion, scheduled on Wednesday, October 27 at 2PM, will include polling, questions, and answers. We look forward to seeing you there.
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