Did you know the average cost of employee health insurance premiums for single coverage was $8,435 in 2023? To make matters worse, preliminary hearings are anticipating a potential increase near 30% for HDHP in 2025.
One way employers are combating these costs is by integrating in-home urgent care with telemedicine. Telehealth doctors send a medical technologist to the employee's home or office if further testing is needed for a diagnosis. Here's how employers have reaped the rewards in 2024:
Unnecessary visits to the ER, PCP, and Urgent Care facilities for low-acuity conditions make up a significant portion of healthcare costs for employers. These non-life-threatening conditions which can often be managed with basic medical care, lead to substantial healthcare expenditures.
By redirecting employees to in-home services such as X-rays, strep/flu tests, ultrasounds, EKGs, urinalysis, ear/nose/throat exams, and much more, employees can receive accurate diagnoses and appropriate treatments without making costly visits to healthcare facilities. For employers, this translates into lower health insurance premiums making healthcare more affordable and sustainable.
Early detection and timely intervention are key to preventing minor health issues from escalating into serious and costly complications. When employees have easy access to in-home diagnostics and telemedicine, they are more likely to seek medical attention at the onset of symptoms, leading to early diagnoses and treatments that are often less expensive than addressing advanced-stage illnesses. This proactive approach not only saves on immediate healthcare expenses but also reduces long-term costs associated with chronic conditions and complex treatments resulting from delayed care.
One often overlooked aspect of healthcare costs is the indirect expense related to time lost from work. Employees spend valuable time away from their duties when they are climbing in their car and driving to healthcare facilities to sit in the waiting room. This not only affects their productivity but also incurs additional costs for employers.
In-home diagnostics eliminate the need for employees to leave work for medical appointments. By receiving medical care at home or work, employees can address their health concerns promptly without significant disruption to their work schedules. This leads to increased productivity and reduces the indirect costs associated with healthcare-related absenteeism.
Integrating in-home diagnostics with telemedicine offers a powerful solution for controlling healthcare costs while ensuring high-quality care for employees. By reducing low-acuity claims, minimizing productivity loss, and preventing costly complications, this innovative approach provides substantial cost savings for employers.
EZaccessMD is transforming healthcare by combining telehealth with in-home urgent care to deliver efficient and cost-effective healthcare directly to employees' homes and offices. Employers seeking to manage healthcare expenses, while providing high-quality care, benefit greatly from partnering with EZaccessMD. By embracing this model, employers can achieve significant cost reductions while providing on-demand care for employees at the doorsteps.
