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Title: The Role of the Employer in the Future of Health Care

Date: 2025-07-25

Duration: 57m 3s

Summary

  • The presentation examines the historical evolution and future direction of employer-sponsored healthcare, delivered by Dr. Zayna Khayat, an Applied Health Futurist and professor at University of Toronto’s Rotman School of Management
  • The origins of employer-sponsored healthcare trace back to 1933 in the United States when Henry Kaiser created an insurance scheme for construction workers building major infrastructure projects like the Hoover Dam
  • Dr. Sydney Garfield, a young physician, partnered with Henry Kaiser to create a prepaid healthcare model where employees paid five cents per week and employers contributed $1.50 per week to fund medical services
  • This early model evolved into Kaiser Permanente in 1945, which became a comprehensive health plan available to anyone, not just Kaiser employees
  • In the United States, employer-sponsored healthcare became so expensive that by the 21st century, General Motors faced a $1500 per car cost disadvantage compared to foreign competitors due to healthcare expenses
  • The cost of healthcare per vehicle exceeded the cost of steel, creating significant competitive disadvantages for American manufacturers
  • Canadian employer healthcare benefits evolved differently, starting post-World War II as company perks to attract workers when women entered the workforce and industries were rebuilding
  • Initially, employer benefits in Canada were crucial because the country lacked publicly funded healthcare, making private coverage essential for workers
  • During the 1970s, as Canada’s population aged and medical needs became more complex, employer benefits expanded to include disability management and life insurance
  • Union involvement in the 1970s helped shape comprehensive employee benefit programs as part of total compensation packages
  • Modern employer healthcare costs range from $150 to $800 per employee per month and can represent up to 25% of an employee’s total compensation package
  • The introduction of public healthcare in Canada in 1984 shifted the employer’s role from primary coverage provider to supplementing the universal system
  • Recent developments include more flexible benefit options like health spending accounts where employees receive a budget to choose their own benefits
  • Post-COVID trends have made telemedicine and comprehensive mental health services mainstream employer offerings
  • The federal government led by example, offering $5000 annually for mental health coverage, which has become standard across other major employers
  • Current healthcare operates on six fundamental design features that have dominated for 50-75 years but are now being challenged by changing demographics and technology

Actionable Advice

  • Recognize that employer healthcare costs can represent up to 25% of total compensation when evaluating job offers or designing benefit packages
  • Consider offering flexible health spending accounts that allow employees to choose how to allocate their healthcare benefits rather than predetermined coverage options
  • Implement comprehensive mental health coverage following the federal government's example of $5000 annual coverage as it becomes table stakes for competitive employers
  • Explore telemedicine options as a mainstream offering for employee healthcare benefits, especially for routine and non-emergency medical consultations
  • Understand that preventative, proactive, and predictive healthcare approaches will be necessary to manage growing demand that exceeds supply capacity
  • Prepare for a shift from one-size-fits-all healthcare models to more personalized and individualized approaches to employee health and wellness programs

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