Your healthcare report card

Employers spend nearly $1.2 trillion on healthcare every year, or about the same as the Medicare and Medicaid budgets combined.

However, a Harvard Business Review Analytic Services report found that the value of that investment varied widely: some executives were driving significant value for their companies, while others were not.

See where you are on that spectrum. Select the answer that’s closest to your approach, and see how you compare to your peers.

Start
Does your company have an employee healthcare strategy?
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Is your healthcare investment a priority for your executive team?
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Against which metrics do you primarily evaluate the performance of your benefits program?
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Who at your company can articulate your health benefits strategy?
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Your benefits tools enable you to: Check all that apply
Calculating your results...

Report card results

Compared to leading companies, like those interviewed in the Harvard Business Review Analytics report: The Role of the C-suite in Employee Health Care, your score is:
A

You answers match those of executives at leading companies. Your team views employee healthcare as an investment that can deliver value – to both your employees and your company. Your leadership is engaged, you are likely measuring against corporate objectives, and you may even have a Workforce Health Management System (WHMS).

Next Step:

Don’t lose that leading position, as competitors innovate and the market continues to advance. Use this checklist to see which tools and metrics will keep you from falling behind.

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B

You answers match those of executives who prioritize healthcare. Your team likely views employee healthcare as an investment that can deliver value – to both your employees and your company. Your leadership may be starting to engage with the program, you may be trying out different metrics, and you may be exploring a Workforce Health Management System (WHMS).

However, leading companies are also evaluating programs against corporate objectives, engaging the full executive team, and using tools to improve experience efficiently.

Next Step:

Become a leader, with the competitive advantage to match. As competitors innovate and the market continues to advance, make sure you’re moving forward, not backward. Use this checklist to see how you can get there.

Get the checklist
C

Your answers don’t match those of executives at leading companies. You are likely not maximizing the investment you make in healthcare, your team may not be aligned on goals, and your executive team may not be on board. As a result, you are likely delivering less value – to both employees and your company – than you would like.

Leading companies are tying benefits to corporate objectives, engaging their executive teams, and using Workforce Health Management System (WHMS) to improve experience efficiently.

Next Step:

Catch up, so you can attract and retain talent and improve output. As competitors innovate and the market advances, make sure you’re moving forward, not backward. Use this checklist to see how you can get there.

Get the checklist
D

Your answers don’t match those of executives at leading companies. You are likely not maximizing the investment you make in healthcare, your team is likely not aligned, and your people may be unhappy with their experience.

Leading companies are tying benefits to corporate objectives, engaging their executive teams, and using Workforce Health Management System (WHMS) to improve experience efficiently.

Next Step:

Catch up, so you can attract and retain talent and improve output. As competitors innovate and the market advances, make sure you’re moving forward, not backward. Use this checklist to see how you can get there.

Get the checklist
Harvard University, the Harvard Business Review, and Harvard Business Review Analytic Services are not affiliated with Collective Health or with this report card. Results are for illustrative purposes only.