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Direct Primary Care for Employers
Health care spending often represents the second or third highest operating expense after payroll for most employers. With an average of 7-10% annual increase in the last ten years, an apparent need has been established for employers to start looking into other viable health care alternatives that meet business needs, improve employees’ health, and with an ultimate aim at achieving optimum employee performance and productivity.
“Offering KarisMed DPC plans to your employees could result in 30 – 60% overall health care savings.”
Here at KarisMed, we recognize the value and importance of your business to stay competitive in a dynamic economic landscape. This is why we designed the KarisMed Direct Primary Care (DPC) to help employers save significantly on healthcare expenses, while improving their employee benefits and creating a healthier workforce.
Current State Of Employer-Sponsored Healthcare
Source of Health Coverage
About 153 million non-elderly people in America get health insurance from their employers.
Source of Health Coverage
About 153 million non-elderly people in America get health insurance from their employers.
Rising Employer and Employee Contributions
The average annual contributions by workers for family coverage from 1999 to 2019 have increased by:
> Worker Contributions: 390%
> Employer Contributions: 356%
Rising Employer and Employee Contributions
The average annual contributions to premiums for family coverage from 1999 to 2019 have increased by
> Worker Contributions: 390%
> Employer Contributions: 356%
Deductibles Have Increased 8 Times Faster Than Wages
Since 2008, General Annual Deductibles of Covered Workers Growing 8 Times Faster Than Wages.
Deductibles Have Increased 8 Times Faster Than Wages
Since 2008, General Annual Deductibles of Covered Workers Growing 8 Times Faster Than Wages.
Other Facts
- Health Insurance inflation is one of the primary drivers of wage stagnation – RAND Corp, 2013
- Consumers feel more positive about their Cable Company than their Health Plan – Temkin Experience Ratings, 2016
- Medical bills are the leading cause of bankruptcy, despite nearly 75% of claimants having health insurance – Nerd Wallet, 2016
Other Facts
- Health Insurance inflation is one of the primary drivers of wage stagnation – RAND Corp, 2013
- Consumers feel more positive about their Cable Company than their Health Plan – Temkin Experience Ratings, 2016
- Medical bills are the leading cause of bankruptcy, despite nearly 75% of claimants having health insurance – Nerd Wallet, 2016
KarisMed Employer DPC Solution
KarisMed Direct Primary Care plan is the foundation of an employer’s benefits program and not just an add-on. Our forward-thinking DPC solution is a win-win for both employers and their employees.
“KarisMed DPC covers most (as high as 80%) of employees’ healthcare needs.”
Our DPC model involves charging a flat, and affordable monthly retainer fee for each employee and their families who opt into the program for high-quality and comprehensive primary care services.
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KarisMed DPC Benefits to Employer
Direct Primary Care (DPC) is beneficial to employers and their employees for so many reasons. With premiums and high-deductible health plans on the rise, the Direct Primary Care (DPC) movement is gaining momentum and traction among employers. Several small, mid-size and large employers have seen significant benefits of incorporating DPC into their benefits package for their employees, such as:
Cost Savings
Time is money, and KarisMed DPC saves both for employers and their employees. KarisMed DPC plans make healthcare benefits coverage more affordable. Incorporating KarisMed DPC into your benefits package could lower overall healthcare cost by 30 – 60% for employers, while also reducing out-of-pocket expenses for copays and deductibles for their employees.
Job Satisfaction
Health benefits, after take-home pay, is the second most important factor considered by an employee for accepting or staying at a job. Attracting and retaining the right talents in a competitive environment, not only reduces recruitment and training costs, but also, increases your business performance. KarisMed DPC plans are a great incentive to attract and retain top talents.
Job Satisfaction
Health benefits, after take-home pay, is the second most important factor considered by an employee for accepting or staying at a job. Attracting and retaining the right talents in a competitive environment, not only reduces recruitment and training costs, but also, increases your business performance. KarisMed DPC plans are a great incentive to attract and retain top talents.
Increased Productivity
Healthy employees are productive employees. KarisMed DPC provides personalized and proactive patient care, which reduces employees’ absenteeism, and in turn, translates to a healthy bottom line for your business.
Healthy Workforce
A Healthy Workforce is the ultimate advantage. KarisMed DPC plan helps employers provide a healthy work environment, and presents a positive and caring business environment, while enhancing employees’ health, self-esteem, and morale.
Healthy Workforce
A Healthy Workforce is the ultimate advantage. KarisMed DPC plan helps employers provide a healthy work environment, and presents a positive and caring business environment, while enhancing employees’ health, self-esteem, and morale.
Case Study
Employer Savings by Using KarisMed DPC Plan
A self-insured engineering company in Katy, TX, with 15 full-time employees, saved $43,000 in healthcare expenses.
Situation – Traditional Health Coverage
- 8% average increase in health care cost yearly
- Rising deductibles
- Over-utilization
- Difficulty in attracting and retaining talents
- Unfavorable doctor experiences
Results – KarisMed DPC Paired with Traditional Health Coverage
- 48% overall health care cost savings
- 85% less urgent care visits
- 50% fewer ER visits
- Healthier workforce
- Improved job satisfaction
%
Better Access
%
Health Improvement
%
Employees Satisfaction
%
Cost Savings
Are you an employer looking for ways to offer a better benefits’ package to your employees and reduce overall healthcare coverage cost?
Call us today
(888) 250 4252
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