Employee health: Time to up the ante

QUICK READ:

The global cost of mental illness through lost productivity, absences and staff turnover is estimated to be around $2.5tn annually.
While some companies are adding wellness programs measurement effectiveness is lacking.
Despite strong data supporting the effectiveness of wellness initiatives, a recent survey by Employee Benefits News (EBN) of 245 benefits managers, administrators and human resources professionals, reported that only 44% of respondents are currently running one.
Every dollar invested in the intervention yielded $6 in healthcare savings.

Employers accessing health data

It’s estimated that 20% of employers are accessing mhealth data.
The data can be used to incentivize employees or raise health insurance premiums.
A study found that wellness programs—even those with incentives—don’t change employees’ behavior much.

The best way to reduce health costs

KEY TAKEAWAY: Health costs can be reduced through an implementation of wellness programs at the point of care. It requires an investment by insurance companies, but, strategically, could lead to lower overall costs.

Continue reading →

World of DTC Marketing.com

Employee Wellness

Employee health: Time to up the ante

Employers accessing health data

The best way to reduce health costs