Monday, December 17, 2007

How Long until Employee Health and Wellness Pay off?

Health and Wellness programs generally do not reap immediate long term sustainable ROI.

The initial phases involve measuring baselines and developing a culture of wellness within the company among it management and employees. Yes, a few high risk individuals may be immediately identified. Changing behaviors is a gradual and consistent process at most of us realize, but we often forget these common sense realities when it comes controlling health care costs.

All the employees need to be involved in the health and wellness initiatives. Proper incentives are the cornerstone of making positive strides in a strong and cohesive health strategy. If you do not get most if not all the employees to participate, you are going to have a much more difficult time controlling costs, increasing productivity and other positive outcomes. Just like operational areas such as finance and marketing, you would not except only half of your objective.

3 comments:

Tom Keesling said...

As corporate healthcare benefits have continued to soar, IndUShealth has created a global healthcare solution that can generate immediate hard-dollar savings, and is also easy to implement. Because the first question is typically, “how much can I save?” IndUShealth has created a Global Healthcare Option Calculator that allows corporate benefit managers to obtain estimates of potential savings. See http://www.indushealth.com/corpsavcalc.htm

Offering a Global Healthcare Option to subscribers has also been demonstrated to lower the annual cost increases faced by employers located in certain communities, especially those with fewer competitive local offerings. IndUShealth programs have also begun to result in a reduction in stop-loss insurance claims, thereby reducing premium increases associated with their annual policy renewal. It is estimated that within two to three years of launching their IndUShealth Global Healthcare Option programs, these two forms of additional savings related to access to care in their local communities rival in magnitude to the hard-dollar savings achieved by those plan participants who elect to travel overseas for care.

Brate said...

My employer and company overall was really suffering from a lot of absences and low productivity due to health issues. An agency was asked to conduct a study for the declining productivity and the findings were astonishing. The Agency suggested the use of a health plan from a specialized facility and since then things have started to change a bit though not drastically. The change is positive for the overall health of the company and we look forward to the services of Elitehealth.com

http://www.elitehealth.com/executive_wellness_health_plans.php

Lee Zuan said...

There are huge range of different health-related tax credits and benefits are available, which can be bewildering at firstfor employees. To qualify, much depends on your situation and individual needs.Employee Benefit