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Telemedicine has one of the fastest adoption rates of any employer benefit package and with good reason. Medical costs are expected to continue to trend upward in the near future. While Telemedicine has been around in one way shape or form for a long time, advances in communication technologies and the Affordable Care Act’s (ACA) focus on efficient and cost-effective care have helped reshape this approach to healthcare delivery.  Telemedicine puts a subscriber (i.e., an employee) in touch with a U.S. board-certified physician in their state to treat common ailments such as colds and flu, sinus infections, allergies, pink eye, etc. Telemedicine gives the patient direct access to a doctor 24 hours a day, seven days a week and 365 days a year. The consultation can take place by a phone call, email or a web-based video call, and may include discussing symptoms, treatment options and prescriptions. Telemedicine consultations are a supplement for non-emergency treatment and visits to a primary care physician. And best of all, Telemedicine helps make healthcare affordable.

Lower absenteeism for companies

Increase productivity for companies

Potentially lower health care premiums to the company

Additional Benefits for Employees

Advantage for employers?


Including Telemedicine as a part of an overall portfolio of group employee benefits has become an important healthcare cost containment tool. Telemedicine reduces office co-pays for employees and claim costs to the employer’s group healthcare plan. In a study of 17,000 telemedicine participants, hospital admissions dropped by 30% and doctor visits were reduced by 60% for a savings of 45% in unnecessary doctor and emergency room visits.

The American Medical Association (AMA) states that 70% of doctor’s office visits can be handled over the phone and 50% of ER visits are non-emergencies. Telemedicine’s savings in claim costs range from $300 per year for a single employee or more than $1,000 per year for a family of four.

Mutliple Savings


Cost Containment

Telemedicine costs less than a co-pay. Re-directing unnecessary visits can reduce healthcare costs by up to 25%

Productivity

Telemedicine gives patients easy access to a physician, reducing the risk that medical problems become chronic.

Flexible Implementation

Telemedicine can be implemented anytime of the year with minimal hassle. There are no waiting periods or exclusions.

KEY FACTS


The global telemedicine market is expected to grow from

from 11.6 billion in 2011
to 27.6 billion in 2016

– Source: BCC Research

The percentage of healthcare employers offering telemedicine is expected to increase by 68% by next year, from

in 2014

in 2016

– Source: Towers Watson