Imagine that it’s 2 p.m. on a Monday. You’re in the office with a week’s worth of work stacked high on your desk, but you aren’t feeling well. You’ve got a headache, a slight cough, and a few other symptoms. You have quotas and deadlines to meet, and you really can’t afford to take the time off to go visit a doctor. What do you do?
Telemedicine has stepped in to solve this and other scenarios with ease. With most telemedicine programs, you could contact your carrier via phone or video chat, speak to a U.S. Board certified physician, receive a diagnosis (on non-emergency issues), and have a prescription (if necessary) called into the pharmacy of your choice. All of this occurs usually within the span of a couple of hours, and you never have to leave your office. How does it get any better than that? The cost is drastically lower than that of going to an emergency room, urgent care, or even primary care doctor.
According to a recent report from Employee Benefit News:
A nationwide analysis of outpatient emergency room visits found that the average cost of such a visit is $1,570. The average cost of an ER visit for a medical issue potentially treatable by telemedicine is somewhat less, about $900. An urgent care visit is typically around $155 and a visit to a primary care provider is around $114. Meanwhile, the average cost of a telemedicine visit is just $45.
The same report quotes a Willis Towers Watson internal analysis in saying that the use of telemedicine could save U.S. employers as much as $6 billion each year. That’s a lot of money currently being left of the table. What could your business do with the extra capital?
Want more specifics about what kinds of voluntary employee benefits options are available to you? Start here: Plan Designs – Voluntary Benefits. If you would like to learn more about voluntary coverage options and employee benefits solutions, call your Taylor Insurance Services expert today. Don’t have a Taylor Agent? We’d love to get you connected to the Power of T. Call us today at (229) 247-6411. Our experts are ready to help you get the most out of your employee benefits program and develop strategies that both recruit and retain top-notch talent.
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