2024: The Transformative Year for Digital Health and Wellness (Insurance Thought Leadership)

2024: The Transformative Year for Digital Health and Wellness

Thursday, April 25th, 2024 Life & Health Technology Workers' Compensation

2024 has been earmarked as the transformative year for digital health and wellness, largely driven by the lasting impacts of the COVID-19 pandemic and technological advancements in healthcare. Telehealth, once a minor component of healthcare delivery, has seen a dramatic increase in adoption, with over 53 million Medicare recipients utilizing these services as of 2024. This surge in telehealth usage highlights its effectiveness in providing accessible and convenient care, particularly during the pandemic when traditional medical consultations were disrupted.

Workers’ compensation systems, which were initially slow to adopt telehealth, recorded a notable increase in remote healthcare claims, demonstrating the sector’s adaptation to digital trends. This shift towards digital solutions extends beyond telehealth, encompassing various aspects of health and wellness. Innovations in digital physical therapy, for instance, have become crucial in managing musculoskeletal conditions, which affect a significant portion of the U.S. population and are a major cause of disability and chronic pain.

The healthcare industry’s embrace of digital health is also reflected in policy changes and insurance adaptations. In 2024, Medicare Advantage expanded its coverage to include Digital Health & Wellness memberships, signifying recognition of the pivotal role of technology in enhancing healthcare outcomes. Furthermore, employers are increasingly integrating digital wellness programs into workplace health initiatives, emphasizing preventive care and holistic wellness approaches.


External References & Further Reading
https://www.insurancethoughtleadership.com/life-health/2024-year-digital-health

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