Providing healthcare benefits is an integral part of the employer-employee contract. So, employers continue to invest heavily in this benefit despite increasing costs. If this is the case, why have we yet to see growth in the onsite health clinic industry?
According to theU.S. Bureau of Labor Statistics, the cost of providing healthcare benefits now equates to about one-third of an employee's total compensation (with wages accounting for the remaining two-thirds). Yet even at this level of investment, many employers find that the current healthcare system isn’t meeting employees’ needs because:
- Appointments are hard to find, with some specialties booking out months in advance
- Doctors are stretched thin, and most have fewer than 20 minutes to spend with patients
- Employees are busy, too, and find it hard to prioritize their health when they’re balancing work, families, and life
- Coordinating care is complex and challenging to navigate by oneself – especially for certain health conditions
As a result, many employers feel frustrated by their current options and are looking for alternatives. One option is to move away from the traditional healthcare model to something more personalized, like an onsite health clinic.