Some may be familiar with Welcoa, but can you tell us where they fit into the wellness industry?
The issue of Compliance is far more important with an outcomes/results-based model. Bravo Wellness will sign on as a “co-fiduciary” with the employer; can you tell us how that works? Regarding fiduciary responsibilities, are they any different for fully-insured versus self-funded employers?
With the national average for participation in the range of 20-25%, a rate north of 90% is fantastic. With that high rate, you’re getting not only the healthy employees, but more important, you’re getting the unhealthy employees, too. We see that as being essential for any client that wants to improve behavior and reduce risk for all employees.
Can you share an example of how you have worked with physicians to make customized accommodations for employees?
Employers have the option of using local or third-party vendors for biometric screenings. Can you tell us about the importance of screening standards and what you recommend? This is particularly important, given that outcomes-based incentives involve employee cost-sharing.
Q: Since most employers don’t currently have outcomes-based incentives, and some may not even have participation-based incentives, how have you seen incremental or phased approaches work?
David: Note that the complexities with this specific example (combination participation- and outcomes-based approaches) are more practical for groups of 500+.
Explain Hard-dollar vs Soft-dollar savings.
You recommend 4-6 months advance preparation and screenings done 45-60 days prior to the go-live date on the incentives. Can you talk about the pros and cons of doing an earlier baseline screening?
Note: Working well with several public entities you have as clients.
Bravo Wellness Webinar
Welcome to today’s webinar<br />“Why Many Company Wellness Programs Fail --- and What To Do About It”<br />Sponsored by:<br />Waldo Agencies, Inc.<br />Bravo Wellness<br />
Percentage of Chronic Diseases Thatare Caused by Poor Lifestyle<br />Sources: Stampfer, 2000; Platz, 2000; Hu, 2001<br />
<ul><li>Chronic diseases related to lifestyle account for 75% of national medical costs. Eleven separate studies by the Centers for Disease Control suggest that worksite wellness programs can produce significant improvements in employee health.—Centers for Disease Control,2006</li></ul>Why Results-Based Wellness?<br /><ul><li>53% of U.S. Adults think its fair to ask those with unhealthy lifestyles to pay more for their health insurance. (Up from 37% only three years ago.) —Wall Street Journal/Harris Interactive Poll
56% of employers plan to hold employees more responsible for the cost of health benefits</li></ul> –Washington Post, March 12, 2010<br />
Common Wellness Roadblocks<br />“What’s our return on investment for all this wellness stuff anyway…?”<br />“Is anyone really changing their lifestyle and getting healthy?”<br />“Are we risking a discrimination lawsuit or a massive employee revolt?”<br />“Who has time to manage all of this event planning and activity tracking?”<br />“How do we increase our participation?”<br />
“Perhaps the ‘best’ approach in increasing wellness participation levels is formally linking your benefit program to your wellness plan design.” <br />Mr. David Hunnicutt, President of WELCOA<br />Bravo Wellness:<br /><ul><li>Exists to support your wellness initiative
Can provide compliance and technology and/or coordinates the biometric screening process, the appeals process and the need for alternatives for individuals who have medical issues that prevent them from achieving a goal</li></li></ul><li>Tools for Healthy Living<br />Meaningful Incentives<br />Bravo<br />Healthy Employees<br />Cost Savings<br />Productivity Gains<br />Quality of Life<br />Positive Message<br />Legal/<br />Compliant Administration<br />Bravo<br />Quality Health Assessments<br />Your Partner for Results!<br />
Federal Wellness Rules<br />Federal legislation allows employer sponsored health plans to give rewards or assess penalties based on the results of a health assessment<br />Premium Contribution Differentials<br />Benefit Plan Differentials (deductibles, co-pays, co-insurance levels)<br />Regulations are complex but achievable. Savings to health plans can be significant (short and long term)<br />2010 National Healthcare Law preserves and expands the model<br />
HIPAA Final Wellness Rules: We Can Help!<br />
TPA or Carrier<br />Eligibility Manager<br />Payroll Vendor<br />Your One Stop<br />Reward wellness with a reduced payroll contribution, a better health plan, a deductible credit or HRA deposit or an HSA contribution —expect 92% participation!<br />HealthSavingsAccount<br />(125 Plans only)<br />Bravo Wellness <br />coordinates<br />program including screenings, appeals and alternatives<br />