Leveraging the power of benefits with the Health Transformation Collaborative (HTC) 

Health benefit cost per employee rose 3.2% on average in 2022 – but an average increase of 5.4% is expected for 2023. It is likely that benefit cost growth will continue to accelerate as multi-year health plan contracts are renewed and begin to reflect inflation-driven cost increases.

One strategy that many employers have implemented or are seriously considering includes programs to improve health condition management. The use of targeted programs aimed at specific health conditions (e.g., diabetes, musculoskeletal, pain) has gained traction in recent years as a way to achieve better outcomes and lower costs. Currently, 49% of all large employers – and 58% of those with 20,000 or more employees – offer these types of programs or are seriously considering it. In addition, 12% of all employers have adopted enhanced clinical management models beyond the standard health plan model and we expect these numbers to continue to grow .

With so many digital solutions in the market, and new entrants growing by the minute, it can be incredibly challenging to research, negotiate, contract with, and implement multiple new solutions on your own.

Mercer’s Health Transformation Collaborative (HTC) offers a tailored approach to employee health benefits, helping employers address their unique challenges. Gain access to a curated ecosystem that streamlines administration, provides comprehensive reporting, and offers negotiated discounted pricing. See how we’re working to empower employers to deliver a robust and effective health benefits package tailored to your workforce's unique needs.

In fact, 1 in 3 employees would forgo a pay raise for additional well-being benefits for themselves or their family.

In today’s environment, well-designed health programs lead to a return on investment for your organization and your employees’ wellbeing. High growth companies are 1.5x more likely to say they have seen a measurable return on their well-being spend. Investing in solutions like the HTC allows employers to tackle the complex landscape of employee health and wellbeing, improve health outcomes, and manage costs effectively.

Don't let the challenges of employee health and wellbeing impede your organization's success. Invest in a solution like the Health Transformation Collaborative to streamline innovation, manage costs, and improve the health of your workforce. Learn more on our website and connect with an HTC team member, or reach out to one of our consultants directly. By partnering with the HTC, you can create a happier, healthier, and more productive workplace for your employees - a strategic advantage in today's competitive market.