Employer-sponsored insurance covers nearly 153 million nonelderly people, according to data from KFF’S 2023 Employer Health Benefits Survey. Over the last five years, the average premium for family coverage has increased by 22% to $23,968. About 65% percent of covered workers are enrolled in plans that are self-funded. A report published last year indicated that the benefits landscape is shifting based, in part, on lifestyle demands from a younger workforce.
At the MedCity INVEST conference, scheduled for May 21-22 at the Ritz Carlton in Chicago, employer-provided health benefits will be one of several topics of discussion at the boutique healthcare investment event.
Here’s a look at the lineup for the employer benefits talk, Employers Embrace Value-Based Care, sponsored by Quantum Health.
Employers are jumping on value-based care for a number of reasons: VBC aligns with their goals of controlling costs, improving employee health outcomes, enhancing satisfaction, and ensuring the long-term sustainability of their workforce. Hear from prominent employers and their service providers about employer-focused VBC strategies.
Participants in the panel discussion include:
- Steven Knight, COO, Quantum Health
- Dr. Henry Ting, Chief Health and Wellness Officer, Delta Airlines
- Laura Fox, Director, Payment Innovation, Blue Shield of California
- Rivka Friedman, Head of Health Care Innovation, Morgan Health, JPMorgan Chase (moderator)
In another session, Chris Sasiela, Director, Innovator SEED Innovator Support Services from the National Institutes of Health SEED Office, will share information about the non-dilutive NIH Small Business award programs and the resources and programs available to enhance a startup’s success. Topics will include access to entrepreneurs-in-residence, subject matter experts in regulatory and reimbursement, gap analyses, entrepreneurial training and more.
Networking opportunities abound for traditional and strategic investors as well as startups, payers and providers. In addition to panel discussions, the INVEST Pitch Perfect contest is not to be missed! There are several tracks of startups presenting to investor judges across health tech solutions directed at consumers and employers, health tech for payers and providers, devices and diagnostics, and biopharma.
To view the full agenda, click here.
Register today!
Photo: NicoElNino, Getty Images