Businesses worldwide are accelerating investments in preventive healthcare as rising medical inflation threatens to push up employee benefit costs, according to new global findings from Howden Employee Benefits.

The Changing Face of Employee Health report shows that 67% of employers are now spending more on prevention and wellbeing initiatives to curb future medical claims. The shift comes amid broad expectations of higher healthcare costs, with 93% of global employers anticipating an increase and 41% expecting a significant one.

Employee expectations are also shaping employer strategies.

The survey finds that 61% of workers are more likely to stay with a company that offers a strong healthcare package, while nearly half (47%) consider health benefits important when evaluating new roles

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