Healthcare Benefits are Broken. Fixing Them Requires Redefining the Industry.
Much attention has been paid to fixing our country’s broken healthcare system. But what often gets missed are the problems with employer-sponsored health benefits and the role they play within the broader healthcare crisis. Employers in North America alone are spending hundreds of billions of dollars to provide healthcare benefits to their teams. In fact, the current cost is estimated to be $15,000 per employee, with 49% of the U.S. population relying on employer-provided health benefits. The current problems with healthcare benefits were exemplified in a recent Harvard Business Review Analytic Services report for League. The report surveyed 238 executives about