Healthcare is a Top Challenge but CEOs are Committed

Chief Executive

Chief Executive

After years of absorbing double-digit price increases with declining benefits, mid-market companies now expect increased healthcare investments to yield positive returns on investment.

A whopping 90 percent of mid-market executives name healthcare costs as their top challenge. Yet, despite concerns about the rising cost of providing care, most middle-market firms are committed to continuing to offer healthcare benefits, according to a new report.

Eight out of ten mid-market executives reported viewing healthcare as a company’s responsibility to its  employees, according to “The State of Healthcare in the U.S. Middle Market,” a report by the National Centre for the Middle Market at Ohio State University, which was based on a survey of 600 C-suite executives and HR or benefits decision makers at middle-market firms. The majority also see healthcare as providing value to their firms and as a key driver of talent productivity and growth, with more than 90 percent recognizing healthcare as critical to attracting and retaining talent.

In lieu of dropping coverage, middle-market firms are implementing other cost-management strategies, including wellness programs, on-site or remote healthcare access, sourcing low-er-cost healthcare and analyzing healthcare data. “Mid-market companies expect that by implementing these programs they can increase growth and productivity by 25 percent, decrease absenteeism by 22 percent and reduce healthcare costs by 17 percent.


Chief Executive

Chief Executive

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