Financial Flexibility & Strategic Plan Design

Feb 23,2023

Read Time 2 Minutes
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How A Strategic Plan Design Can Cut Healthcare Costs: Infographic

With the right perspective, increasing healthcare costs amid a challenging economic environment bring opportunity. Organizations and providers can come together and align on how to make health coverage more effective for everyone involved. For self-insured employers, there are benefit design options employers can consider that allow financial flexibility while maintaining a robust benefit offering for employees.

 

Read the infographic below to learn more about how employers can implement strategic plan design to manage healthcare benefit costs — while maintaining high-quality care for employees.

Financial flexibility with strategic plan design

 

Self-insured employers may feel challenged to balance minimizing organizational costs with maximizing employee retention, which includes offering competitive benefits. Considering strategic plan design enables you to factor in the full scope of health coverage to optimize business ROI while supporting employees on their personal health journey with high-quality care and lower costs.


Virtual Primary Care

  • Efficient systems quickly deliver primary and preventive care, prescriptions, referrals, and routine care.

  • Employees save approximately $1,100 when choosing nonemergency care instead of ERs and specialists.

  • Chart: 33% reduction in costs1

Condition Care

  • Dedicated resources help employees manage long-term conditions like asthma, chronic obstructive pulmonary disease (COPD), and heart disease.

  • Ongoing care is provided when needed, preventing hospital stays and other escalations.

  • Chart: 20% reduction in readmissions3

 

Wellbeing Solutions

  • Employees select the care that works for their health need from a wide range of options, including maternity and diabetes.

  • Cost transparency for every product or service drives informed and high-value healthcare decisions.

  • Diagram: Up to 2.5X ROI2

 

Each industry has its own challenges and employers often scrutinize spending to reduce costs. Financial flexibility is possible while supporting both the short- and long-term health of your workforce and organization.

 

Self-insured employers have options – and can consider these three elements of their health plans. As your trusted partner in health, Anthem offers many solutions to support your plan goals and the whole health of your employees.

 

We’re dedicated to serving the health coverage needs of both businesses and employees.

Explore anthem.com/employer to discover high-quality care solutions that can reduce costs for your organization.

 

Virtual Primary Care experience is offered through an arrangement with Hydrogen Health.

 

1 South Pointe Healthcare: How Much Does Primary Care Cost? (July 2021): southpointehealthcare.com.

2 Anthem Actuarial Analysis, 2022.

3 Internal Anthem data, 2020: ConditionCare program analysis.