Key factors influencing employer-sponsored health care and critical health care decision points
How employer priorities are shifting and what this means for the employment deal
What employees are experiencing and how they view the changes
How a Total Rewards framework and targeted employee value proposition can help organizations navigate the challenges and opportunities
U.S. health care reform is one of the most significant HR program changes we’ve seen in decades. But the impact of the legislation is not limited to health care plan design. For many employers, its affect is far broader and may systematically change how they do business. Recent Towers Watson research shows that health care reform, specifically compliance, communication and managing the cost implications of, are top priorities for employers over the next two years. Yet, employers are struggling to integrate the new health care landscape into their employee value proposition and total rewards strategy. Moreover, increasing uncertainty looms for employees as they too will be impacted and may not be aware of the significant and sustained behavior change required to operate in the new world.
As organizations look at the impact of health care reform on different employee and retiree populations, it requires a fundamental evaluation of the employment deal and total rewards strategies and programs. In this HCI webcast, Towers Watson presents some of these tough questions and provides insights into the broad implications of health care reform for both employers and employees.