February 01, 2024
The global landscape of employee health care benefits demands a strategic approach that transcends borders. By prioritizing outcome-based approaches, multinational employers can wield their influence to enhance the value of health care offerings for employees worldwide. The three sections below delve deeper into the topic of value-based care and how it is applied around the world, showcasing the potential for employers to steer employees toward high-quality care. Moreover, these sections collectively underscore the importance of a nuanced, globally informed strategy to optimize health care benefits on an international scale.
This guide covers three main subjects:
- A overview of the opportunities that employers have to engage employees around the globe in why, how, and where they seek health care services, even when the employer does not directly cover the costs of that care.
- Strategic goals of a value-based purchasing strategy outside the US and aspects of a multi-pronged approach to steering employees toward high-quality providers and evidence-based services through communications, vendor procurement, and other avenues.
- A discussion of the “value equation” and the importance of focusing on all aspects of how value is created for employers. Critically, the final section of the guide discusses questions employers will need to answer on measurement of the progress and success of efforts to increase value in diverse countries.
For more information on the topic of value-based care and purchasing strategies, as well as considerations for implementation from a U.S.-focused perspective—see Business Group on Health’s Value-based Purchasing Employer Guide.
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