Benefits

Health and Group Benefits

In the United States, in 2012, total health care costs per active employee, on average, are expected to reach $11,664, up from $10,982 in 2011. Globally, health care costs continue to rise. In some countries, government-sponsored benefits are being scaled back to address both the current fiscal crisis and — longer term — the strain caused by rapidly aging populations.

Towers Watson works closely with organizations to help control health care costs while keeping employees healthy and productive.

You can take advantage of our flexible solutions to evaluate employee population health risks and needs, develop global and local health and group benefit strategies, and design, implement, fund and manage a variety of health and group benefit programs. We can also help you assess, select and manage vendors and service providers.

Why Towers Watson?

Towers Watson has 14,000 associates in 37 countries — one of the strongest networks in the health and group benefit business.

We manage numerous employer collective purchasing initiatives that enable employers to achieve greater value from third-party service providers than they can realize on their own.

Our services include:

Program Strategy, Design and Pricing
Health Condition Management
Wellness and Health Promotion
Pharmacy Benefit Management Consulting
Workforce Well-Being Evaluation
Employee Education and Research
Communication and Change Management
Performance Measurement and Monitoring
Development of Funding Strategies
Forecasting, Budgeting and Reserve Setting
Vendor Evaluation, Selection and Management
Regulatory Compliance
Health and Welfare Administration and Outsourcing