TracyWatts @TracyFWatts
Employer Sponsored Health Benefits Expert | Senior Partner @MercerUSHealth |#HealthCareReform Thought Leader | #HealthBenefits #HealthPolicy linkedin.com/in/tracy-watts… District of Columbia, USA Joined July 2013-
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AI does not eliminate humans - it is about amplifying and enhancing human contributions. @Mercer_US
A3. Very affordable health insurance goes a long way to supporting health equity including lots of digital access points for physical and mental health. #MercerChats
A2.3 Biggest surprise: support for flexible work arrangements (86% Bay area; 79% non-Bay) considering large campuses & numerous on-site perks. Transitioning to support flexible work arrangements – e.g. 44% offer gym/fitness center reimbursement. #MercerChats
A2.2 In the unique benefits category: standing desks and ergonomic assessments (73%), estate planning (41%), life coaching programs. (33%) #MercerChats
A2.1 Mental health support is BIG: Digital mental health solutions (mindfulness, cognitive behavioral therapy, video counseling) are mainstream (77%) and stress management coaching is provided by over half (58%) #MercerChats
A1.2. 46% High Tech ERs offer at least one medical option with no payroll deduction for individual coverage; 15% offer a free family coverage plan option. LT 5% non-high tech employers offer free medical plan option -typically for employee only coverage. #MercerChats
A1.1. On average High Tech employees pay 15% of the medical premium cost compared to employees paying 20% or more of the premium across all employers #MercerChats
Join us TODAY at 12PM ET for a #MercerChats discussion on #EmployeeExperience and total rewards in the #tech industry with @SerafinaMiller, @AmishaGandhi, @kkruse, @tauseef_r, @TracyFWatts, @TamaraMcCleary, @carriemaslen and @DonnaKLencki. #HR #FutureofWork
Keynote speaker, Acting Assistant Secretary, EBSA, DOL, Ali Khawar - Race/Ethnicity Data not needed to show the problem, it’s to help us make a difference…as Americans this is a shared problem and a shared responsibility. @benefitscouncil #LiveAtUrban @urbaninstitute
“Race/ethnicity data collection for health equity needs a health lens that matches health outcomes data” @SAgrawalMD @benefitscouncil @urbaninstitute #LiveAtUrban
Great panel discussion @urbaninstitute on collection of race/ethnicity data to address #healthequity @benefitscouncil #LiveAtUrban @SAgrawalMD @Voya @FamiliesUSA @NASHPhealth
Big thanks to @TamaraMcCleary, @samespinosa_mmc, @KipPiper, @ShawnaKitt, @DonnaKLencki, @dr_salim_MD, @SaraDrakeRx for joining #MercerChats today! #healthcare #Medicaid
A3. Strategies under consideration for managing extremely expensive gene and cellular therapies as they emerge: 🔎Outcomes based pricing 🔎Participate in a risk pool managed by PBM 🔎Rx specific stoploss 🔎Pay for drug over time #MercerChats
A2. Employers can't afford...New entities-Foundation Facilitators-go after indigent care monies from Pharma foundations. Huge discount available b/c of financial hardship. So, plans exclude that drug (cover all other care); member applies for indigent care support #MercerChats
A1b. Need strategy for high cost drugs: ❓ what do you have now? 🔑effective access 💰 evaluate stoploss 💸alternate payment models 🔎re-evaluate risk 🤔evolve your strategy #MercerChats mercer.us/our-thinking/h…
A1a. Biggest Rx challenge to plan sponsors: Life saving drugs (specialty, gene therapy). Lightning strike to the budget. Raises financial, access, and even moral questions. Let's get private and public sector payors working together to address cost control. #MercerChats
Get ready to join #Mercerchats TODAY at 11AM ET to discuss how the drug marketplace is changing over the next 3-5 years. Let's do this - @TamaraMcCleary, @samespinosa_mmc, @KipPiper, @ShawnaKitt, @DonnaKLencki, @dr_salim_MD, @SaraDrakeRx #healthcare #Medicaid #Mercerchats
Top challenge for employers is the rising cost of pharmacy. Join us for #MercerChats
Top challenge for employers is the rising cost of pharmacy. Join us for #MercerChats
Mercer @mercer
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@TracyFWatts Thank you for bringing this to our attention. We have sent you a DM with details.
A2. Unique #benefits offerings from #technology employers would probably include anything that enhances employee #wellbeing, including #MentalHealth, pet #insurance, #FlexibleWork or unlimited PTO. #MercerChats
@Mercer_US Thank you for including me today Mercer! The conversation went too fast. :) #MercerChats
@TamaraMcCleary @GageGrammer @Jlmerrick Your ability to find GIFs that are so relevant to the conversation and make us ‘feel’ it more is uncanny @GageGrammer 💯🔝 #mercerchats
It's not a single program itself, but concerted effort across a range of health, wealth, and career needs--affordable benefits, financial wellbeing, #payequity and advancement opportunities #MercerChats
Thank you everyone for joining today's #MercerChats, and please be on the lookout for our next conversation either here on Twitter or on LinkedIn.
A3. Start simple. Look at your #benefits that are one size fits most. The workforce has changed significantly, benefits must catch up. Our recent #tech survey results share excellent insights on considerations to act on mercer.us/content/dam/me… #mercerchats #HR #employeeexperience
@GageGrammer @Jlmerrick Great point Gage. #MercerChats
@Mercer_US x.com/mercer_us/stat… Infertility coverage, adoption, mental & behavioral health, paid parental leave, caregiving support, tuition reimbursement and financial planning. #MercerChats
#Truth from @carriemaslen. #MercerChats
Don't know what your employees want? ASK them #MercerChats
A2) Interestingly, although #tech salaries are higher + have increased dramatically across-the-board this year, nearly 50% of tech workers said in a recent survey they think they deserve more (even though most say they’re satisfied with their compensation.) #MercerChats
Q2: What are some of the unique #benefits offerings from #technology employers focused on enhancing the #EmployeeExperience? #MercerChats
@LisaLint I will be purchasing pet #insurance when I adopt my next pet. Hopefully it will become more mainstream and affordable. 😍🐕🦺 #MercerChats
Q3. Not necessarily a program – but we’ve seen an increase in employers adding Juneteenth as an observed holiday, now 63% of respondents. #DEI #MercerChats #EmployeeExperience
@carriemaslen SO good @carriemaslen. It’s easy to be in a bubble, open that up and it sparks innovation in new relevant ways. Plus speaks well to how #HR can walk the talk and put the ‘human’ back into #HumanResources. #mercerchats
@DonnaKLencki @Mercer_US Those are great #benefits, @kkruse. Wish I would have had access to them years ago. #MercerChats
Definitely @carriemaslen! Employers should definitely connect with their ERGs to understand what #benefits their employees may feel are missing. Mercer can help with our needs analysis tools. #MercerChats #DEI #EmployeeExperience
The best-in-class companies addressing #DEI ask their employees what they want and include them in creating solutions #MercerChats A3
@tauseef_r @SerafinaMiller @Mercer_US Fair point @tauseef_r, also important to zoom out and review what work is being done, why, does it need to continue, can part be automated etc. The idea of one person on leave and the rest of the team ‘taking it on’ is not a good #culture either… #mercerchats