With such a high inflation rate, consumer goods and employee benefits have experienced a notable price increase. Employee Benefit Research Institute conducted a survey and confirmed one-third of U.S. employees saw an increase in their health costs within the past year. However, there are ways employers can mitigate benefits costs …
As COVID-19 locked down the country, telehealth rapidly gained popularity, especially for behavioral and mental health services. Unlike most doctor visits, mental health visits typically do not require face-to-face meetings. Visits can be conducted via video or even audio calls, though many physicians prefer video calls in order to read …
When employees are well informed about their benefits, they are more inclined to make smart decisions that protect their health and financial well-being. Furthermore, educating employees about the value and range of their benefits can cultivate trust and confidence with their employer, which can have a positive impact on recruitment …
Throughout the pandemic, the opportunity to engage in traditional healthcare dwindled due to the risk of infection and reallocation of resources. Now, with a large percentage of Americans fully vaccinated and demand for care increasing, the popularity of telemedicine continues to boom. New research shows that virtual care will outlast …
As in-person appointments have been replaced with video conferences and other virtual mediums, UnitedHealthcare (UHC) has launched Right2You, a virtual care benefit that aims to assist the approximate 48 million people in the U.S. living with hearing loss. The initiative builds on the home-delivered hearing healthcare model developed by UnitedHealthcare …
An HSA, or Health Savings Account, is available to individuals enrolled in high deductible health plans (HDHPs). Traditionally, HSAs are a popular type of tax-exempt medical savings account. Allocated HSA funds can be used to pay for expenses covered under an HDHP plan until their deductible has been met; or …
With COVID-19 exacerbating the mental health crisis employees were experiencing even before the pandemic, Prudential Group Insurance saw a need for change and partnered with NeuroFlow to expand their mental health benefits for employees on disability leave. NeuroFlow, a digital behavioral health integration platform in the form of a mobile …
Employers have consistently been pushed to adjust their benefits to accommodate employees’ mental health, caregiving, financial and well-being needs, which have been exacerbated due to the pandemic. According to a survey by Wellable, the majority of employers plan to keep social distancing and sanitary measures prevalent in their workplace post-pandemic. …
In response to today’s circumstances, we have seen increased demand for telemedicine from healthcare consumers. For many, the opportunity to engage in traditional healthcare (i.e. visiting a doctor’s office or emergency room) has dwindled due to risk of infection and reallocation of resources. Consequently, individuals across the nation have had …
On August 5, 2020, Teladoc Health, Inc. (TDOC), well-known telemedicine provider, entered into a definitive merger agreement with Livongo Health, Inc. (LVGO) valued at $18.5 billion. Both companies, who excel in virtual health and chronic condition management, will create a comprehensive virtual healthcare delivery system — designed to improve health …
The Trump Administration recently signed an executive order aimed to improve access and convenience of care through telehealth for Medicare recipients, particularly those living in rural areas. In response to the COVID-19 public health emergency (PHE), hospitals curtailed elective medical procedures and limited access to in-person clinical care. To help …
Across the nation, our healthcare system has had to face a plethora of challenges. The COVID-19 crisis continues to place high demand and stress on healthcare workers, specifically, those on the front lines of patient care and treatment. Virtual care has surfaced as one of the best solutions to address …
A patient’s ability to better access healthcare and overcome traditional barriers of time and distance comes with the help of innovative technologies. To keep up in a world consumed by tech, the healthcare industry continues to listen to the demands of its consumers with further acceptance and utilization of telemedicine. …
For most of us, seeing the doctor means making an appointment, trekking to the doctor’s office and having a face-to-face meeting. With its increasing accessibility and popularity, however, many consumers are turning to telemedicine as an alternative to a traditional doctor’s office visit. At Creative Benefits, we have observed a …
