Health and Well-being Touchstone Survey results

June 2016

PwC's 2016 Health & Well-being Touchstone survey is an industry leader in the study of what US-based employers are doing, and thinking of doing with their benefit programs, strategy and administration.

Subjects covered include medical, prescription drug, dental plan design, costs, wellness and disease management programs, work-life programs, fringe benefits, retirement benefits, future healthcare strategies and healthcare reform.

We look beyond the steady increase in medical plan costs, to the continued shift to high deductible plans. With ACA in the rear view mirror, the Cadillac tax is dead ahead.

Key findings and questions:
Despite the high cost of prescription drugs, cost sharing hasn’t increased.
Public exchanges should reduce COBRA liabilities, but are employers encouraging the use of public exchanges?
What’s the #1 area of investment and strategy? Wellness. So what's on the horizon? 

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Overview of the 2016 Health and Well-being Touchstone Survey results

Survey results videos

Focus on cost increase

PwC's Barbara Gniewek and Greg Mansur discuss medical plan costs trends from the 2016 Health and Well-being Touchstone Survey results.

Focus on High Deductible Health Plans (HDHPs)

PwC's Barbara Gniewek and Greg Mansur discuss the increasing prevalence of high deductible health plans (HDHPs) from the 2016 Health and Well-being Touchstone Survey results.

Focus on prescription drugs

PwC's Barbara Gniewek and Greg Mansur discuss prescription drug plan design and cost from the 2016 Health and Well-being Touchstone Survey results. 

Focus on wellness

PwC's Barbara Gniewek and Greg Mansur discuss Wellness as being the #1 area of investment and #1 strategy for employers from the 2016 Health and Well-being Touchstone Survey results.

Focus on contributions

PwC's Barbara Gniewek and Greg Mansur discuss contributions and defined benefit strategies from the 2016 Health and Well-being Touchstone Survey results.

Focus on healthcare reform

PwC's Barbara Gniewek and Greg Mansur discuss the Affordable Care Act (ACA) and the excise tax (Cadillac tax) from the 2016 Health and Well-being Touchstone Survey results.

Medical plan costs

Medical plan costs before plan changes increased 6.1% but less than the expected 7.6%.

Employers are continuing to rely on traditional methods for mitigating increasing costs through plan design changes and increasing contributions, and they aren’t making transformational changes.


Medical costs continue to increase more quickly than inflation, but 2015 increases were lower than anticipated.

 

High deductible plans continue to gain popularity

1 out of 4 companies have already adopted full replacement on High Deductible Health Plans (HDHPs). Preferred Provider Organization (PPO) plans remain popular, but have steadily declined in favor of the trend to move to HDHPs.

72% of all participants offer a HDHP.

Healthcare reform

69% of employers surveyed indicated that they will be financially impacted by the excise tax on high cost plans. 41% of employers surveyed expect to trigger the excise tax by 2020.

Physical activity/fitness programs and tobacco cessation are approaching similar levels of prevalence as health risk assessments and biometric screenings.

Wellness is number one

Wellness is the #1 area of investment and #1 strategy for employers. 76% of employers offer wellness programs and they’ve expanded them into well-being.

 

Medical Cost Trend: Behind the Numbers 2017


2017 will be a year of equilibrium for medical costs. The forces that increase health costs are being tempered by a demand for value in the New Health Economy.

 

Webcast: 2016 Health and Well-being Touchstone Survey results


Engage with some of PwC's national thought leaders in a fresh look at how benefits and benefits strategies are evolving in this pivotal time.

 

2015 Health and Well-being Touchstone Survey results


The 2015 survey data contains detailed benefits information provided by over 1,150 participating companies in 36 different industries across the nation.

Contact us

Contact us

Greg Mansur
Principal
Tel: +1 (818) 421 7583
Email

Barbara Gniewek
Health & Welfare Principal
Tel: +1 (646) 471 8301
Email

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