Springbuk Releases 2022 Employee Health Trends Report Highlighting Key Issues Facing Employers and Health Benefits
INDIANAPOLIS, February 8, 2022 /PRNewswire/ — Springbuk, a healthcare data analytics software company with a mission to “Prevent Disease Through Data™”, today announced the release of its annual Healthcare Trends Report. employee health report that highlights several key emerging health issues that will impact the benefits employers stand to offer their employees in the years to come.
In its third annual report, Springbuk assessed the previous year’s health analytics from more than 4,000 employers and revealed four major trends: the long-term impact of COVID-19, increased spending on specialized medical and Rx drugs, continued use of telemedicine and digital. mental health services and the growing role of point solutions.
“We share these key findings to help companies and their benefits managers better understand the health trends that can shape their decisions about benefits strategies, plans and programs,” said Tighten the stem, CEO of Springbuk. “The right benefits packages have a huge impact on employee experience, employee well-being, and a company’s ability to attract and retain talent.”
The 2022 Employee Health Trends Report brings together expertise from Springbuk’s data scientists, clinicians and population health leaders. The report provides key data points and recommendations for the benefit of leaders.
Some of the most notable findings from this year’s report concerned the long-term impact on employers of employees diagnosed with COVID-19. With the ability to assess a second year of COVID-19 data, Springbuk went beyond case count trends and found that six months after hospitalization, employers were paying on average $40,005 in 2021 — an increase of 70% compared to the same period of the previous year. Similarly, non-hospitalized COVID-19 positive employees saw their healthcare costs increase by 25% six months after infection.
These results highlighted the need for employers to educate employees on COVID-19 protocols, especially for high-risk employees (those with comorbidities). It could also provide employees with the opportunity to implement programs to reduce these underlying risks in their respective employee populations.
For more details or to download the report, visit Springbuk here.
About Springbuk
Springbuk is a cutting-edge health analytics intelligence platform that enables employers and consultants to optimize their investments in population health. The innovative solution offers deep analytical insights, enables data-driven decision-making, and provides strategic direction to maximize employee benefits ROI.
SOURCE Springbuk
