Sedgwick Forecasts Industry Trends to Watch in 2016

Employee health and wellness, technology for improving patient safety, emerging risks and legislative developments are all areas to watch in 2016, according to Sedgwick, a global provider of technology-enabled claims and productivity management solutions.

Focusing on employee health and wellness

People are the heart and soul of each organization and as such prioritizing employee health and wellness will be critical to the success of employers.

1. Patient advocacy;
2. Responsive model of care;
3. Pharmacy management and patient safety;
4. Mental health risks

Leveraging smarter technology

Advancements in technology will continue to impact and improve how people communicate, stay connected, and use data to change behaviors and improve results.

1. Prescriptive analytics;
2. Autonomous technology;
3. Connected health;
4. Cutting-edge technology.

Responding to legislative changes

The people in power and the laws they enact will significantly affect the industry in 2016 and beyond.

1. Shift in the political landscape;
2. Complexity in state workers’ compensation systems;
3. Affordable Care Act (ACA);
4. Employment laws

Managing market challenges and emerging risks

Individuals and organizations will continue to adapt to market changes and manage challenges from many sources.

1. Global supply chain;
2. Brand and reputational challenges;
3. Workforce demographics;
4. Sharing economy.

Source: Sedgwick