Key takeaways from our webinar featuring Janet Choi, MD, Chief Medical Officer, Progyny; Julie Stadlbauer, EVP, Strategic Sales & Partnerships, Progyny; and Kristin Parker, Global & U.S. MercerWELL Practice Leader, Mercer.
Employers who want to attract and retain top talent need to offer a well-rounded value proposition that incorporates career opportunities, supportive cultures, and differentiated benefits. Unfortunately, many women in the workforce are finding large gaps between that expectation and the reality of what their employers or prospective employers have to offer.
In fact, many employers don’t have strong enough benefits to cover the costs of services – more than 1/3 of women have skipped medical care due to costs not covered by their employer that they can’t afford to cover themselves. Women are also receiving fewer healthcare services than men – and when they do receive services, it costs twice as much.
Knowing that 80% of people want to work for a company that prioritizes DEI, employers need to close these gaps and prioritize diversity, equity, and inclusion for women’s health. This doesn’t just mean broadening access to healthcare – closing gaps is about broadening access to specialized and tailored care that makes an impact.
In their reproductive years, 1 in 5 women learn that they have two or more chronic medical conditions when they start trying to conceive. For 25% of the workforce, if they’d been offered preventative care before conceiving, it could have lowered critical and acute complications in pregnancy and postpartum.
As women reach their 40s and 50s and enter menopause, many don’t believe there’s adequate specialty care available to them. Only 60% of women seek medical attention for menopause symptoms, and 75% of those women are left untreated. These women are left to be their own medical detectives, spending time and energy trying to manage their symptoms, which compromises wellness in the workforce, retention, and the elevation of female leaders.
What can employers do to bridge these gaps? Provide the right care to a multi-generational workforce at the right time.
- Early Career
Facilitate the right testing to diagnose underlying medical conditions and informed navigation for unique health needs
- Family Building
Access and coverage for quality, inclusive family building care for all paths to parenthood
- Maternal Health
Connect the dots on health risks – with specialized support for those often overlooked – during pregnancy, postpartum, and beyond in workforce re-entry
- Mid to Late Career
Fill the care vacuum with trained providers and symptom awareness to prepare women early for health risks and symptoms in midlife and menopause
Our healthcare system is disconnected. Women will typically connect with a variety of providers, companies, support systems throughout these stages with no consistent support. Progyny’s focus is to address the gaps that exist in the fertility and family building system – primarily network access, including creating relationships with physicians and facilitating an exchange of data so that systems work together to favorably impact clinical outcomes.
Interested in the full webinar? Watch the webinar recording here.