Business Group on Health

Save the Date! Business Group on Health will host two global meetings in the fall of 2024. Health and well-being leaders in Latin America and Asia Pacific will convene to discuss some of the biggest challenges they face in providing benefits and programs that meet the needs of their employees located in these regions. Learn more about dates, locations and details here. https://okt.to/ko4Qx9

Over 40% of people around the world have functional GI disorders, according to a study published in the journal of Gastroenterology. With so many individuals afflicted with this pervasive digestive health issue, understanding and providing effective treatment and management is critical for a benefit and well-being program. For more on digestive health strategy, read our latest blog. https://okt.to/wleDWO

Workplace well-being can only be achieved when the entire team works collaboratively with trust and commitment towards shared goals. Tune in to this episode of the Business Group on Health podcast to hear from Tim Cunningham, Interim Executive Director of Clowns Without Borders and former Co-Chief Well-being Officer at Emory Healthcare. Tim shows us how leaders, including Chief Well-being Officers, can drive the cultural changes that impact employee well-being and professional fulfillment, ultimately improving outcomes. https://okt.to/sX3GMC

Business Group on Health has long held that protecting employer-provided health care coverage will advance the health and financial security of the United States by providing stable and effective financial protection to millions of individual workers and their families To that end, we are proud to be one of nearly 70 influential organizations that have recently urged Congress to protect the foundation and affordability of America’s health care coverage by keeping employer-provided health care coverage tax-free. Click to read our policy statement and recent letter. https://okt.to/3AuDY2

The 15th Annual Employer-Sponsored Health and Well-being Survey reported that only 7% of employers in the United States offer a lifestyle spending account (LSA) in 2024, but 19% of global employers offer them. Employer-funded post-tax accounts that provide employees with a fixed amount to spend on the well-being resources they most value, LSA adoption can be hampered by administrative cost and program complexity. https://okt.to/896q4k Business Group on Health Fidelity Investments

We are looking forward to the 2024 IEBA Conference held this week in Brussels. Business Group on Health's Kelly McCain will be speaking about the challenges and opportunities in health equity alongside Kim Duck, VP of Global Benefits at News Corp on June 13.

About six in 10 employers have a globally consistent well-being strategy, with another 18% planning to develop one in the near future. This is according to the 15th Annual Employer-Sponsored Health and Well-being Survey which was fielded by Business Group on Health and Fidelity Investments in 2024. A full 70% of employers report that the biggest challenge in implementing a global strategy for well-being was employee needs differing by country. https://okt.to/WogYIR

Earlier this spring more than 700 employers and industry stakeholders joined us at the Business Group on Health 2024 Annual Conference to explore the latest trends in health care cost and delivery, well‐being, and workforce strategy. We discussed how employers are addressing their biggest challenges, including how to ensure inclusivity and equity, address pharmacy challenges, integrate technology, support mental health and emotional well-being, and more. Learn more about these insights here:

After 50 years of steady decline, cardiovascular mortality rates began to plateau in the past decade. Now, alarmingly, we are seeing an uptick which many believe is due to a disease that 90% of adults meet criteria for but many may not have heard of. In this episode of the Business Group on Health podcast, we talk with Dr. Chiadi Ndumele, board-certified cardiologist and lead author of the Presidential Advisory Report on Cardiovascular-Kidney-Metabolic Health, about CKM syndrome. Defined as the overlap of obesity, diabetes, chronic kidney disease and the cardiovascular system, CKM Syndrome impacts individuals of all ages and is believed to be driving the uptick. Learn more about ways to increase awareness of CKM Syndrome and identify the genetic, social and environmental risk factors of the condition on this edition of the podcast. https://okt.to/PZqaQo

Nearly all employers said well-being programs continued to play a role in their overall workforce strategy and that they would maintain funding for these programs at current levels, according to the 15th Annual Employer-Sponsored Health and Well-being Survey, by Business Group on Health and Fidelity Investments. Some other major findings: More than half of all respondents plan to broaden their well-being strategy in the next three to five years to address social determinants of health; employers also plan to continue providing family-forming benefits and reproductive support in the near future. https://okt.to/Lc4P0t