January 30, 2019

Kathleen O'Driscoll
Vice President, GBGH

News Update

Did You Know....

Anxiety is the world’s biggest mental health problem. It is estimated that 275 million people suffer from anxiety disorders around the world. That’s around 4% of the global population, with a spread of between 2.5% and 6.5% of population per country. You can learn more here.

For additional articles of interest to global employers, check out GBGH's News Update.

Future Watch

What Motivates Workers in the Gig Economy? The Wharton School at the University of Pennsylvania, January 2019

The “gig economy”- workers engaging in freelancing work in varying degrees- is projected to make up the majority of the workforce and grow to $2.7 trillion by 2025. While these new ways of working allow for flexibility on the part of both employees and companies, there’s also a great deal of uncertainty. For employers, competition for talent is steep, and new startups constantly threaten existing businesses. This article summarizes an interview with New York University Stern School of Business professor Maxime Cohen and Wharton doctoral candidate Park Sinchaisri on the future of work and how companies can be successful as the economy changes in the coming years.

What Your Peers Are Asking

Global Summit. GBGH is excited to announce our inaugural Global Business Group on Health Employers’ Summit, “Navigating the Complex Global Benefits Landscape,” which will be held from Wednesday, June 19 through Thursday, June 20, 2019 in Washington, DC. The globally applicable agenda topics, thoughtfully designed around what your peers are asking to guide you in your ever-evolving roles, include benefits strategy & management, well-being and health topics and more!

Keep your eye in the coming weeks for your invite! Questions? E-mail sonner@businessgrouphealth.org

Global Benefits Perspective

Flexible Benefits. Flexible (Flex) Benefits can be a key component of a company’s global benefit strategy.  With multiple generations in the workforce, what employees value in their benefits vary.  Providing choice to employees can help companies meet a wider range of needs while not negatively impacting benefit budgets. This slide deck provides an overview of the global trend along with member company perspectives and examples.
Public Policy Update

HHS Requests Comments on Ways to Improve HIPAA. Recently, HHS issued a Request for Information seeking ways to modify the HIPAA rules to encourage coordinated care and move toward value-based health care. Future modifications to these rules may allow plan sponsors more flexibility to coordinate and use data for the benefit of plan participants. The Business Group intends to submit comments and welcomes input from members. If you would like to provide any comments, please feel free to contact Debbie Harrison at harrison@businessgrouphealth.org.

Member Spotlight

Diversity and Inclusion. Creating a culture of diversity and inclusion is paramount for a successful global workforce.  Effectively delivering on this culture takes many forms – one being gender equity.  The Bloomberg Gender-Equality Index recently recognized 230 Companies as being committed to advancing women in the workplace.  We would like to congratulate our GBGH member companies who made this esteemed list.  

Do you have a question? Write to the staff or post to the GBGH Employer Community.

Global Business Group on Health
20 F Street, NW, Suite 200
Washington, DC  20001, U.S.A.
www.businessgrouphealth.org/global
A National Business Group on Health® Organization

Global Business Group on Health helps you to optimize your company’s business performance through your health improvement and health care management initiatives. HR and Benefits thought leaders from some of the most progressive companies come together to share, learn, and leverage leading-edge solutions. It’s like having an organization behind you that is anticipating your issues and concerns and is proactively pursuing solutions and best practices from an employer and C-suite perspective.
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Global Business Group on Health: 20 F Street NW, Suite 200, Washington, DC 20001, USA