Multinational Employers Taking an Increasingly Global Approach to Health Care
U.S.-based multinational employers are taking a global approach to address rising health care costs, Workforce Management reports. A recent survey of HR and health and wellness executives found that 77% of businesses offer employer-sponsored health care coverage to overseas employees in lieu of, or in addition to, publicly-provided programs. Although only 26% had a global health care strategy, that number is expected to double soon, as an equal number intend to have one implemented by 2012.
Survey respondents indicated that worker stress, chronic conditions, and obesity impact their health care costs. Accordingly, many businesses are shifting the focus from mitigating health care costs to measures aimed at preventing illness and promoting health and well-being. However, managing health risks globally has proven difficult because health care products, services, desired vendors, and cost data are not as developed in many countries as they are in the
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