Posts Tagged
Healthcare Costs
Mental Wellbeing Can Lead To Lower Healthcare Costs
There are many reasons why mental wellbeing is important. Not only is it protective against physical illnesses and linked to greater productivity, but the mental wellbeing of a population is essential for a country’s sustainability, long-term growth and development.
But despite the clear benefits, governments tend to focus public spending on treating and preventing disease, and providing care for those who are ill. While this is important and should continue to be prioritised, such strategies alone won’t increase levels of mental wellbeing overall.
What fuels innovation in health plans? Mercer Medical Trends
Rising medical costs and shifting health drivers fuel innovation in employer-sponsored health plans Medical costs continue to outpace general inflation by close to three times, with a global average 9.7% in 2018 with similar increases for 2019 and 2020, according to the Mercer Marsh Benefits (MMB) 2019 Medical Trends Around the World report, released in June 2019. A survey of 204 insurers across 59 countries, the report assesses how
Low quality healthcare increases health costs – OECD
Poor quality health services are holding back progress on improving health in countries at all income levels, according to Delivering Quality Health Services – a Global Imperative for Universal Health Coverage, a joint report published in July 2018 by the OECD, World Health Organization (WHO) and the World Bank. Factors that hinder progress include inaccurate diagnoses, medication errors, inappropriate or unnecessary treatments, inadequate or unsafe clinical facilities or practices,