You still have time to add advanced primary care (APC) to your benefits plan and include it in your existing benefit strategy. Doing so will allow your organization to reduce the total cost of care and improve health outcomes.
Rise to the challenges of 2023
Putting APC at the center of your benefit strategy allows you to prepare for:
1. The continued rise of healthcare costs
HR consulting agency, Segel, released an annual Health Plan Cost Survey revealing that the cost of health plans grew from 5% to 7% each year over the last 10 years. Without significant changes, these increases will only continue.
The value-based APC model sets you free from relying on expensive fee-for-service healthcare options. Employees have access to a primary care medical home that provides 80 to 90% of care most people need, emphasizes prevention, closes care gaps, drives the levels of engagement needed to improve health outcomes, and reduces pricey specialist and emergency care.
2. A rising focus on virtual care
Virtual care is now a necessity, removing many of the barriers that prevent people from reaching out for help. But virtual care platforms often lack the comprehensive approach required to achieve the best results.
We’ve effectively integrated virtual care into APC, allowing your employees to meet digitally with their trusted providers and care teams. They receive meaningful care that acts as a coordinated extension of their greater health journey, increasing their satisfaction and improving their health outcomes.
3. High demand for behavioral health services
Data from the Centers for Disease Control and Prevention shows that the percentage of U.S. adults reporting symptoms of anxiety or depression during the pandemic went up by 27%. The Society for Human Resource Management found that mental health coverage is employees’ third most in-demand benefit.
In the Vera APC model, primary care providers and clinically integrated Vera whole health coaches collaborate to support patients in meeting their mental health needs by implementing real behavioral change. Your employees can easily gain access to the resources they need to improve their well-being and mental health.
4. Potential high rates of turnover
As you know, a strong benefit package is a key consideration for accepting or staying in a role. America’s Health Insurance Plan (AHIP) found it played a key role for 56% of workers.
Employees with access to APC are more likely to build strong relationships with their care teams and take preventive care actions. Ultimately, those employees are healthier and absent less frequently, with higher levels of satisfaction and productivity. This allows your organization to remain competitive and reduce turnover.
5. A workforce that attracts and retains Millennial and GenZ workers
Millennial and GenZ workers now make up roughly 46% of U.S. workplaces, a number that’s only growing. These employees want healthcare that’s both personalized and convenient to access.
APC is an excellent way to address their priorities. Longer appointment times and care teams trained in empathetic listening contribute to a personalized care experience.
The APC model also offers the high level of convenience, with 80 to 90% of services and screenings available at care centers. Integrated digital health options make it even simpler to access care when and where it’s needed.
You still have time
Adding APC to your benefits strategy allows you to improve health outcomes and reduce total cost of care at a time when healthcare expenses are rapidly increasing.
Ready to learn more? Download our comprehensive guide: