Companies

Companies Face Uncertain Health Costs as Employees Defer Treatments

People are deferring many routine medical treatments during the coronavirus pandemic, creating unexpected savings for some employers, while making it harder for companies to forecast health-benefit costs in the year ahead.

As U.S. companies prepare to open their enrollment periods for health-care plans, many are uncertain about how much medical care their employees will consume in the year ahead. Health benefits typically account for a large portion of a company’s personnel costs.

Health-benefits costs for global companies that are insured—meaning they purchase a policy to cover their employees’ health-care claims—are expected to rise by 8.1% in the 2021 calendar year over this year, as people rebook medical appointments they postponed, according to a report published earlier this week by advisory firm Willis

Towers Watson.

By comparison, health-care costs are expected to rise 5.9% this year from a year earlier, the report said. The projections are based on responses from

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Headspace Announces World Mental Health Day Pledge, Encouraging Companies Globally to Prioritize Mental Health

New initiative with Box, Farmers Insurance, Hyatt, Snap, and other leading organizations commits to ongoing focus on caring for the mental health of their teams and families.

Headspace, a global leader in mindfulness and meditation, announced a call to action today, rallying people and organizations all over the world to “Be Kind to Your Mind” in honor of World Mental Health Day on October 10.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20201007005329/en/

(Graphic: Headspace)

Box, Farmers Insurance, Hyatt, Snap, Spectrum Health, and National Military Family Association are among the first companies and nonprofits to join forces with Headspace in an effort to celebrate, renew, and expand their commitment to caring for the mental health of their employees and their families. Headspace is inviting leaders and companies to sign the pledge and learn more about how to ease the mental health burdens of employees at headspace.com/wmhd. Participating

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Mental health days. Meeting-free times. Companies are adding new benefits to help workers cope

A few months into working remotely, Jamie Coakley noticed a worrisome trend at her company: 70% of employees had not taken more than two days off since the beginning of the year.



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© Ian Berry/CNN


“We were going to run into a brick wall pretty soon,” said Coakley, vice president of people at IT solutions company Electric.

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The company changed to a flexible vacation policy, but that still wasn’t enough. Employees were working longer hours, having a hard time disconnecting from work and felt perpetually behind.

So Electric announced over the summer that the entire company would close on the first Friday of every month for a mental health and wellness day.

Giving everybody the day off means the work doesn’t pile up while you’re off and it eliminates the fear of missing out on something.

With everything going on this year, mental health has become a major

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Healthcare IT Market Growth Trends 2020, Technology Advancement, Top Companies, Merger, Industry Size, Share, New Developments, Regional Outlook

Healthcare IT Market Insight

Global healthcare IT market 2020 shares rose to innovative heights after the stock splits affected the Coronavirus pandemic, extending stocks this year. Market Research Future puts in its report that the Global healthcare IT market, in the period from 2018 to 2023, would generate high revenue than before if the rate of growth was kept at 15%. At this pace of augmentation will not only flow the market’s valuation in the future but also take at an elevated level of business at a global level.

Healthcare IT Market—Boomers & Trends

The ascend in demand for paperless technology, the appearance of social media, and its blow on the healthcare IT industry are the foremost factors dependable for the current growth of the market studied. Along with these, surged funding from governments, various initiatives to improve healthcare services and infrastructure, and a better return on investments are the

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Healthcare IT Outsourcing Market 2020 Outlook 2024: Top Companies, Trends and Growth Factors Details for Business Development

The MarketWatch News Department was not involved in the creation of this content.

Sep 30, 2020 (The Expresswire) —
Global Healthcare IT Outsourcing Market is a comprehensive research that provides information regarding Healthcare IT Outsourcing market size, trends, growth, cost structure, capacity, revenue and forecast 2024. This report also states import/export consumption, supply and demand Figures, cost, price, revenue and gross margins. For each manufacturer covered, this report analyses their Keyword manufacturing sites, capacity, production, ex-factory price, revenue and market share in global market. Global Keyword Market Report 2020 provides exclusive vital statistics, data, information, trends and competitive landscape details in this niche sector.

Get a Sample PDF of report – https://www.marketreportsworld.com/enquiry/request-sample/ 14144734

The global Healthcare IT Outsourcing market is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2026. In 2020, the market was growing at a steady rate and with the rising adoption

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How companies, health providers are moving to address COVID-19’s toll on mental health

Increased awareness about mental health needs in the U.S. — and companies willing to address the subject — have been on the rise during the COVID-19 pandemic, providing a much-needed boost to a trend that began with the opioid crisis.

The U.S. Centers for Disease Control and Prevention (CDC) released data showing at least one-third of Americans show signs of clinical anxiety or depression. Separately, a recent study from Philadelphia-based behavioral health platform NeuroFlow shows a rapid spike in searches for therapists.

Amid a boom in digital services ranging from educational and guidance apps to virtual visits, the renewed emphasis on mental health underscores how the fallout from the coronavirus outbreak has put mindfulness in the spotlight. It’s also spurred at least one major insurer to make mental health a primary focus.

Cigna (CI) CEO David Cordani told Yahoo Finance the pandemic has both reinforced and accelerated an internal

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International Health and Wellness Companies Turn to Mitch Gould and Nutritional Products International to Promote Their Brands in the U.S.

NPI Offers One-Stop Shop Expertise in Logistics, FDA Regulations, Sales and Marketing

Mitch Gould, the founder of NPI, is a third-generation retail distribution and manufacturing professional. Gould developed the "Evolution of Distribution" platform, which provides domestic and international product manufacturers with the sales, marketing, and product distribution expertise required to succeed in the world's largest market — the United States. Gould, known as a global marketing guru, also has represented icons from the sports and entertainment worlds such as Steven Seagal, Hulk Hogan, Ronnie Coleman, Roberto Clemente Jr., Chuck Liddell, and Wayne Gretzky.
Mitch Gould, the founder of NPI, is a third-generation retail distribution and manufacturing professional. Gould developed the “Evolution of Distribution” platform, which provides domestic and international product manufacturers with the sales, marketing, and product distribution expertise required to succeed in the world’s largest market — the United States. Gould, known as a global marketing guru, also has represented icons from the sports and entertainment worlds such as Steven Seagal, Hulk Hogan, Ronnie Coleman, Roberto Clemente Jr., Chuck Liddell, and Wayne Gretzky.
Mitch Gould, the founder of NPI, is a third-generation retail distribution and manufacturing professional. Gould developed the “Evolution of Distribution” platform, which provides domestic and international product manufacturers with the sales, marketing, and product distribution expertise required to succeed in the world’s largest market — the United States. Gould, known as a global marketing guru, also has
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This Next Evolution Of Ecommerce Did $18 Billion In Asia Last Year. What Brands And Small Companies Need To Do Now

If the ecommerce revolution started in1995, get ready for the next evolution. Starting slowly in 2014, live commerce (or live streaming) in 2020 is becoming a go-to option for Asian consumers seeking new products, promotions, or an impulse buy on a deal, especially for categories such as beauty and fashion, food, and home products. Estimated at around $18 billion in Asia for 2019, it is growing on an annualized 71% clip. So, what is live commerce/streaming?

Live streaming is like television shopping, think QVC and celebrity endorsement, upgraded for the 21st century. It hosts real-time broadcasting of video content by presenters/influencers that model or showcase products. Viewers are able to immediately purchase the item from an embedded link online. Does it work? Kim Kardashian partnered with live streamer Viya to sell

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Patterson Companies, Inc.: A Tale Of 2 Pandemics (NASDAQ:PDCO)

Diversify. In stocks and bonds, as in much else, there is safety in numbers. – Sir John Templeton

The pandemic has made both winners and losers out of companies as consumer preferences change, but Patterson Companies, Inc. (NASDAQ:PDCO) is a rare company experiencing both. Roughly two-thirds of PDCO’s sales come from the distribution and sale of animal health products. Within this segment, the Companion Animal business benefits as more Americans are becoming pet owners, and current pet owners become more attentive while at home. However, the Production Animal business experiences intermittent shutdowns from processing plant closures and lower protein exports.

The other roughly one-third of PDCO’s business is the distribution and sales of dental products. This industry is definitely better than earlier this year when many dental offices were treating only emergencies, and now, many customers are catching up on those lost visits. The animal and dental product businesses combine

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