Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Cost Reduction Without Employer Investment 2010


Published on

  • Be the first to comment

  • Be the first to like this

Cost Reduction Without Employer Investment 2010

  1. 1. Healthy People 2010 Grant A new Grant to assist your organization in having a healthier, happier, more productive, and less expensive workforce.
  2. 2. Clarify Purpose Of Today’s Discussion <ul><li>It is NOT to sell you anything </li></ul><ul><ul><li>We are a non-profit and operate off grant money </li></ul></ul><ul><ul><li>Thus, we are actually educating on free resources available and the importance of the subject matter </li></ul></ul><ul><li>Discuss best practices used by employers to improve the health of their workforce </li></ul><ul><li>Become familiar with practical strategies to design and implement an effective program resulting in a proactive benefit plan design </li></ul><ul><li>Clarify that options do exist without any employer investment </li></ul><ul><li>Motivate you to pursue a proactive benefit plan design regardless if you elect to participate in the Grant </li></ul>
  3. 3. Speaker Background <ul><li>Graduate degrees in Public Health (MHA) and Finance (MBA) </li></ul><ul><li>Employment History </li></ul><ul><ul><li>In the healthcare industry since 1989 </li></ul></ul><ul><ul><li>First job post-graduate school was in a large insurance company developing new health plan products </li></ul></ul><ul><ul><li>Senior Consultant with Deloitte & Touche developing self-funded benefit plans for large public and private employers </li></ul></ul><ul><li>Experience </li></ul><ul><ul><li>Developed and implemented programs in over 500 employers nationally </li></ul></ul><ul><ul><li>Trained over 400 health coaches </li></ul></ul><ul><ul><li>Trained over 100 Risk Management Consultants </li></ul></ul><ul><li>Personal </li></ul><ul><ul><li>Married with four children (12, 11, 10, and newborn) </li></ul></ul><ul><ul><ul><li>Now you know why I lost my hair! </li></ul></ul></ul>
  4. 4. Introduction To The Wellness Chamber <ul><li>Began in 1999 </li></ul><ul><li>Formed to assist employers in the identification and mitigation of employees’ behavioral and lifestyle risks which drive cost to employer </li></ul><ul><li>Work with employers (single and multi-location) of all sizes and industries nationally including: </li></ul><ul><ul><ul><li>School districts </li></ul></ul></ul><ul><ul><ul><li>Cities/counties </li></ul></ul></ul><ul><ul><ul><li>Service organizations </li></ul></ul></ul><ul><ul><ul><li>Manufacturers </li></ul></ul></ul><ul><ul><ul><li>Distribution and transportation companies </li></ul></ul></ul><ul><ul><ul><li>Non-profits </li></ul></ul></ul><ul><ul><ul><li>And just about every other type of employer/organization! </li></ul></ul></ul><ul><li>Our programming has been implemented by 1,000+ employers </li></ul>
  5. 5. Information On The HP 2010 Grant <ul><li>Goal of Healthy People 2010 is to get 75% of employers to implement a comprehensive health promotion program with 75% participation </li></ul><ul><li>The Grant is open to all employers willing to agree to minimal participation requirements </li></ul><ul><li>The US Wellness Chamber was awarded the Healthy People 2010 Grant because of several reasons: </li></ul><ul><ul><li>Holistic approach to wellness and health promotion </li></ul></ul><ul><ul><li>Even without the Grant, Membership in the Wellness Chamber is affordable and applicable to employers of any size </li></ul></ul><ul><ul><li>Scalable model with customized implementation meeting the needs of basic or advanced client requirements </li></ul></ul><ul><ul><li>High-touch model featuring an assigned Corporate Health Coach and a Risk Management Consultant with on-site programming on a year round basis </li></ul></ul>
  6. 6. A Holistic View On Health & Wellness Three Components of Wellness
  7. 7. Why Wellness Now? Risk Drives Cost! <ul><li>How much is employee risk costing you in lost productivity, increased absenteeism, and excess claims cost? </li></ul><ul><li>If you aren’t measuring it, you can’t manage it! </li></ul>
  8. 8. More Discussion On Risk & Cost <ul><li>Risk is an accurate predictor of cost even before claims are made </li></ul><ul><li>For example, employees with these risks are predicted to incur the referenced medical/drug “excess costs”: </li></ul><ul><ul><li>High blood pressure, ~$1,200 of “excess costs” </li></ul></ul><ul><ul><li>Sedentary lifestyle , ~$500 </li></ul></ul><ul><ul><li>Overweight , ~$600 </li></ul></ul><ul><ul><li>Stress , ~$300 </li></ul></ul><ul><li>The same can be calculated based upon expected productivity loss: </li></ul><ul><ul><li>Stress , 4% productivity loss </li></ul></ul><ul><ul><li>Smoking , 3% </li></ul></ul><ul><ul><li>Sedentary lifestyle , 2% </li></ul></ul>
  9. 9. Six Components Of An Effective Behavioral & Lifestyle-Based Risk Management Program
  10. 10. Monthly Wellness Workshops
  11. 11. Intervention As A Voluntary Benefit <ul><li>Rather than push the cost to employers, employees have the option to participate in additional services to improve their wellness/reduce their risk on a payroll deducted basis. </li></ul><ul><li>Four typical optional components include: </li></ul><ul><ul><li>Intervention for physical/mental risks </li></ul></ul><ul><ul><ul><li>Face to face health coaching </li></ul></ul></ul><ul><ul><ul><li>Creation of a Health Improvement Plan using SMART goals </li></ul></ul></ul><ul><ul><ul><li>Monthly meetings to support and hold accountable </li></ul></ul></ul><ul><ul><li>Intervention for legal/financial risks </li></ul></ul><ul><ul><ul><li>Assistance with legal and financial stressors </li></ul></ul></ul><ul><ul><li>Small group classes, i.e., weight management </li></ul></ul><ul><ul><li>Expanded Bio-Metrics i.e., Cholesterol, Glucose, etc. </li></ul></ul>
  12. 12. Typical Logistics Of An Implementation <ul><li>An experienced Risk Management Consultant will have a complimentary consultation with you to identify goals, incentives, timeline, etc. </li></ul><ul><li>Wellness Launch will be held at your location </li></ul><ul><ul><ul><li>Collection of bio-metrics </li></ul></ul></ul><ul><ul><ul><li>~45 minute session to kick-off program, complete HRAs, etc. </li></ul></ul></ul><ul><ul><ul><li>Includes enrollment of voluntary, payroll deduction options </li></ul></ul></ul><ul><ul><ul><li>Multiple sessions can be held to accommodate different shifts/locations </li></ul></ul></ul><ul><li>Receive aggregate report identifying employee populations’ risks to create a baseline </li></ul><ul><li>Monthly Wellness Workshops held on-site </li></ul><ul><ul><ul><li>~30 minutes per Workshop </li></ul></ul></ul><ul><ul><ul><li>Held at times to prevent loss of work/productivity </li></ul></ul></ul><ul><ul><ul><li>Multiple sessions can be held to accommodate different shifts/locations </li></ul></ul></ul>
  13. 13. FAQs <ul><li>What if my employees aren’t interested? </li></ul><ul><ul><ul><li>Successful programs average 97% employee participation when employers follow best practices. </li></ul></ul></ul><ul><li>What is the key to get employees engaged in their health improvement? </li></ul><ul><ul><ul><li>During the risk identification phase, each employee’s readiness for change must be identified for each presenting risk factor. </li></ul></ul></ul><ul><li>Doesn’t my health insurance already do all of this? </li></ul><ul><ul><ul><li>Typically not the following: </li></ul></ul></ul><ul><ul><ul><ul><li>Paper-based Health Risk Assessments for all employees and spouses regardless if they are on plan or not </li></ul></ul></ul></ul><ul><ul><ul><ul><li>On-site collection of bio-metrics without charge </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Face-to-face consultations for all employees post-HRA </li></ul></ul></ul></ul><ul><ul><ul><ul><li>On-going on-site education sessions </li></ul></ul></ul></ul><ul><ul><ul><ul><li>Wellness-based intervention rather than medically-based </li></ul></ul></ul></ul>
  14. 14. Quiz <ul><li>What is the first step to reduce health insurance claims/cost and to improve employees’ health? </li></ul><ul><li>Why does face-to-face involvement of a local health coach make a difference in employee engagement? </li></ul><ul><li>Why is it important to incorporate clinically obtained bio-metrics into the data collection? </li></ul><ul><li>Why is on-going education an important part of a successful program? </li></ul><ul><li>How much is your employees’ risk costing you in predictable “excess costs”? </li></ul><ul><li>How much do employers have to pay to participate in the Healthy People 2010 Grant? </li></ul><ul><li>Why would an employer not want to pursue a proactive approach to risk identification and mitigation if no cost were involved? </li></ul>
  15. 15. More Information <ul><li>[email_address] </li></ul><ul><li>United States Wellness Chamber of Commerce </li></ul><ul><ul><ul><li>Toll Free: 800-429-4556 </li></ul></ul></ul><ul><ul><li> </li></ul></ul>