ARTICLE
24 August 2023

Health And Risk Benefits Design For Internationally Mobile Employees

W
WTW

Contributor

At WTW, we provide data-driven, insight-led solutions in the areas of people, risk and capital that make your organization more resilient, motivate your workforce, and maximize performance.

We work shoulder to shoulder with you, bringing diverse points of view and a deep commitment to your success.

By challenging one another, we achieve breakthroughs because only the best ideas survive. The result? Innovative solutions that meet your needs—informed by the global view and the local understanding of our colleagues around the world.

Together, we broaden your horizon and sharpen your focus.

Transform your toughest challenges into actionable opportunities.

And set your path for sustainable success.

International assignments are making a comeback. But organizations are faced with challenging decisions around the design and cost of global healthcare plans.
United Kingdom Food, Drugs, Healthcare, Life Sciences

International assignments are making a comeback. But organizations are faced with challenging decisions around the design and cost of global healthcare plans.

As economies around the world become more interdependent, internationally mobile employees (IMEs) play an increasingly critical role in supporting global business strategies. IMEs consist of both international assignees (expatriates) working outside their country of origin and international business travelers who travel outside of their home country.

A significant majority of multinational employers provide tailored employee benefits and related services to IMEs as a key element of a competitive benefit package. While some employers still rely on home and/or host country plans, offering truly global programs has numerous advantages. For instance, by providing more robust coverage and services that are tailored to support the health and wellbeing of internationally mobile employees and their family members, these plans can play a role in attracting and retaining this key talent.

By providing more robust coverage and services that are tailored to support the health and wellbeing of internationally mobile employees and their family members, these plans can play a role in attracting and retaining this key talent.

Key findings from the survey

1358338a.jpg

Rebound in global mobility

In the past 12 months, 73% of respondents saw an increase in expatriate population and 80% expect an increase in the next 12 months.

1358338b.jpg

Allowing globally remote work

Nearly six in 10 respondents allow globally remote work on a voluntary basis (work from anywhere). Almost half allow trips of up to 30 days and less than 30% for longer periods of time.

1358338c.jpg

Top five employer priorities in managing the healthcare and risk benefits for international assignees (expatriates) and their families

1358338d.jpg

1358338e.jpg

Continuing focus on wellbeing of IMEs

Mental wellness is a critical benefit for international assignees, based on organizations' corporate benefits and duty-of-care strategies (Figure 1).

1358338f.jpg

Figure 1. Top benefits linked to duty-of-care priorities and corporate policy

The full report includes detailed findings of our 2023 IME Benefits Design Survey, and covers:

  • Top considerations when selecting a global international health plan (IHP) vendor
  • Risk benefits for international assignees
  • Benefits for business travelers
  • Evacuation and assistance services for IMEs
  • Regional highlights

Fill out the form on the right to download the report for insights to support decisions related to the future design and structure of global health and risk benefits for a globally mobile workforce.

To fill out the form, click here

The content of this article is intended to provide a general guide to the subject matter. Specialist advice should be sought about your specific circumstances.

Mondaq uses cookies on this website. By using our website you agree to our use of cookies as set out in our Privacy Policy.

Learn More