3. Critical Meta-analysis Medical costs fall by about $3.27 for every dollar spent on wellness programs Absenteeism costs fall by about $2.73 for every dollar spent Source: Katherine Baicker, David Cutler, and Zirui Song.Workplace Wellness Programs Can Generate Savings.Health Affairs, February 2010; 29(2): 304-311.
4. Health care costs are front of mind Avgmedical costs/yr Pre-diabetic = $2,000 Avg medical costs/yr Diabetic = min. $12K Diet & exercise prevent 90% of Type 2 cases Prevent just one case and a corporate wellness program pays for itself!
5. What does it mean for the individual? Pre-existing conditions waived Claim dependents up to age 26 Annual lifetime limits waived Health Reform Legislation
6. Health Reform Legislation What does it mean for company wellness programs? Wellness incentives increase from 20 – 30% of the total premium More public tools: government web portals, call centers, research data, surveys & evaluation tools
7. Health Reform Legislation What does it mean for small companies? Small business tax credits rise to 35% through 2013 and then 50% in 2014 and 2015 if company buys insurance on the insurance exchanges. Grant money available beginning in 2011 for small businesses (fewer than 100 employees who work more than 25 hours per week) that do not already have wellness programs.
11. What We Know In the United States: 2 out of every 3 adults are overweight or obese Only 15-18% of the population exercises regularly Exercise is powerful medicine
12. We Also Know On average, for every 100 employees: 44 suffer from stress 38 are overweight 31 use alcohol excessively 30 have high cholesterol 26 have high blood pressure 24 don’t exercise 25 have cardiovascular disease 21 smoke 20 don’t wear seatbelts 12 have asthma 6 are diabetic Source: Department of Health and Human Services, 2007
13. Traditional Models Discounted club membership On-site service provider What’s a win-win model? ! On-site, Off-site and “Our-Site” programs and services that provide results and drive memberships
38. Your ROI for Corporate Wellness Positive PR Increased Membership Sales Increased Peripheral Sales Increased Member Referrals Increased Physician Referrals