Letter states employers are ill-equipped to navigate the mental health tsunami MONTVALE, N.J., Feb. 8, 2023 /PRNewswire/ — EmpiRx Health , the industry’s only value-based pharmacy benefits manager (PBM), published an urgent letter today raising the alarm on the mental health crisis in the United States. Penned by EmpiRx Health CEO Karthik Ganesh, the letter describes the monumental problem employers face in the wake of this crisis and how business leaders are ill-equipped to support their employees, while also preserving their bottom lines. The letter is a critical call to action for employers, who assume more than 80% of the cost of care on behalf of their employees , to "reclaim healthcare." Continue Reading "The cost of addressing the crisis pales in comparison to the cost of inaction, in both human and financial terms," states Ganesh. "As employers, we often blindly agree to the status quo. We accept that our benefits costs will increase year over year while the quality of care remains the same. We must evaluate our options and stop pretending to be an innocent bystander in this situation. Our employees depend on us." Organizations must act with urgency to reclaim healthcare benefits now. Tweet this Employees […]
EmpiRx Health CEO Karthik Ganesh Pens Open Letter Calling on Business Leaders to Address Mental Health Crisis
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