U.S. Employee-sponsored Healthcare Market Size, Trends & Growth Opportunity, By Service (Healthcare, Wellness), By Organization (Bio-Pharmaceutical Companies, Contract Research Organizations (Small-scale Organization, Medium-scale Organization, Large-scale Organization.), By Region and Forecast till 2030.

U.S. Employee-sponsored Healthcare Market Size, Trends & Growth Opportunity, By Service (Healthcare, Wellness), By Organization (Bio-Pharmaceutical Companies, Contract Research Organizations (Small-scale Organization, Medium-scale Organization, Large-scale Organization.), By Region and Forecast till 2030.

U.S. Employee-sponsored Healthcare Market.
The U.S. Employee-sponsored Healthcare market was valued at USD 591.5 million in 2022 which expected to reach USD 731.1 million by 2030 at a CAGR 2.50 %  from 2023-2030.

The term "employer-sponsored coverage" refers to health insurance received through an employer, which is the most prevalent route for Americans to obtain insurance. Employer-sponsored coverage might encompass not just current employees and their families, but also retired personnel. Since healthcare reform changes people's lives and budgets, group health coverage through an employer becomes a valued perk. It is quite beneficial to have a major amount of medical expenditures covered by the employee benefits package. A person without health insurance is literally one serious injury away from financial disaster.

Market Drivers
The market's expansion is attributable to reasons such as expanding health insurance schemes for employees and increasing public investment in health and wellbeing. The industry is expanding due to a growing number of firms offering subsidized wellness services to boost productivity. Employer-provided group insurance plans are becoming an increasingly desirable benefit for employees. Since healthcare reform changes people's lives and budgets, group health coverage through an employer becomes a crucial inducement. 

Impact of COVID-19
The COVID-19 pandemic had a profound impact on the employee-sponsored healthcare industry in the United States. Employee spending on COVID-19 hospitalizations and treatment grew as the infection spread. Furthermore, as the value of wellness has grown, so has spending on wellness activities such as meditation, fitness, and others. This has a favorable impact on market growth.

Market Segmentation
The U.S. Employee-sponsored Healthcare Market is segmented into Service, Organization. By Service such as Healthcare, Wellness. Further, market is segmented into By Organization such as Small-scale Organization, Medium-scale Organization, and Large-scale Organization.

U.S Analysis
The implementation of new initiatives and alternatives in healthcare benefits has modified the rising cost of healthcare services under the Affordable Care Act's rules. In the United States, 91.4% of the population has health insurance. This plan assists in balancing and implementing various wellness programmes in order to promote employee health and reduce long-term healthcare expenses.
The organization must provide at least half of the employee premium, with the remaining money paid by the employee, according to the insurance carriers. Employee contributions to health insurance range between 20% and 50%. State rules govern the degree of employee contribution.

Key Players
Various key players are listed in this report such as United HealthCare Services, Inc, Kaiser Foundation Health Plan, Inc., Anthem Insurance Companies, Inc, Blue Cross Blue Shield Association, Independence Blue Cross, Highmark Inc, Health Net of California, Inc, Nationwide Medical Insurance, Wellness Corporate Solutions

Market Taxonomy
By Service
• Healthcare
o Self or Single Coverage
o Family Coverage
• Wellness
By Organization
• Small-scale Organization
• Medium-scale Organization
• Large-scale Organization
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in U.S. Employee-sponsored Healthcare Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?