Title: The Business of Better Health Care
Date: February 14, 2020
STEEP Categories: Social, Economic
Brief Description: Rosen Hotels & Resorts saved more than $400 million in health care costs for their associates by developing their own on-site health care facility. In addition, they have fitness and wellness programs to prevent bad health outcomes for their employees. This successful business move has also inspired other companies to follow their footsteps.
Future Implications: There will be an expansion of health care coverage for individuals which will help eliminate health disparities between the rich and the working class.
Overall Effect: This trend confirms the baseline scenario that the efforts made by Rosen Hotels will lead to a domino effect. So far, businesses such as Amazon, Fiat, Chrysler and Capital One have followed. This will cut down the costs of health care for businesses, while still providing aid for their employees. The amount of money saved will also help increase the amount of jobs available.
Impact (0-5): 5
Plausibility (0-5): 4
Novelty (0-5): 5
Timeliness (0-5): 4
No comments:
Post a Comment