Did you know it’s estimated that 1 in 2 men and 1 in 3 women will experience cancer at some point in their lifetime?
With this in mind, Captive Resources’ Todd Peterson and Brian Gagne discussed cancer’s impact on self-funded healthcare plans and shared strategies employers can implement to better control spending associated with cancer in our recent Health Risk Management webinar.
Continue reading for a recap of their presentation.
According to Peterson, cancer is a group of diseases that occur when cells divide uncontrollably and have the potential to spread to other parts of the body.
There are five stages of cancer, with stage four being the most severe:
Cancer’s widespread impact across the United States underscores the importance for employers to understand the healthcare costs associated with the disease.
Consider the following statistics surrounding cancer healthcare spending:
During the webinar, Peterson and Gagne shared strategies employers can implement to encourage awareness around cancer prevention and assist with early detection and treatment.
Below are a few of the strategies shared:
Peterson and Gagne also touched on the importance of educating employees on things they can do to prevent cancer and effectively manage their health. Below are a few things they recommended:
Effective cancer prevention and early detection strategies can reduce a company’s healthcare spending and significantly improve employees’ quality of life. Employers can utilize a multitude of vendor partners and resources to implement these strategies and provide their employees with the support they need. If you’re interested in learning more about the additional resources Peterson and Gagne discussed in the webinar, please contact our team.
This presentation was part of Captive Resources’ Medical Stop Loss Webinar Series — regular installments of webinars to educate medical stop loss group captive members. The thoughts and opinions expressed in these webinars are those of the presenters and do not necessarily reflect Captive Resources’ positions on any of the above topics.