Telemedicine isn’t just something out of “The Jetsons”; it’s fully grounded in 21st century health care and, according to Rene Quashie and Amy Lerman of Epstein Becker & Green, remote access to health services could save your business big bucks. The authors note a recent study from Towers Watson concluded that employers with at least 1,000 employees could save up to $6 billion per year if they switched to remote health consults when appropriate.
In addition, telemedicine could be the solution to the impending “Cadillac tax” in the Affordable Care Act, which will start penalizing employers in 2018 for health plans with annual premiums exceeding $10,200 for an individual and $27,500 for a family. “Given this impending tax,” say the authors, “employers are looking for efficient ways to cut their employee health care costs.”
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