Healthcare is a $2.2 trillion annual employer cost. Not only are benefit costs high, but statistics show that employee productivity losses are up to four times the employer's direct costs. It's no secret this problem is keeping most CFOs up at night. In an attempt to combat these costs, employers have been implementing various strategies:
These are short-term strategies, not addressing the root problem - Change. In order to truly reduce healthcare costs and improve productivity, employers must address employee wellness. Healthier employees mean lower risk for chronic disease and absenteeism.
iact's approach to physical well-being and behavior change comes packaged as a complete wellness program. iact's programs are containers holding the key support elements of successful behavior change including; health screening, peer communities, coaching and incentives. Brought together, these elements become a powerful solution for affecting individual change and directly impacting employee productivity, morale, and your organization's bottom line.
Biometric screening and Health Risk Assessments (HRA) create a baseline of an individual's general health. They compile health information including blood pressure, cholesterol (HDL, LDL, Triglycerides) and glucose levels provide an objective program prescription. The screening is done on-site through trained, experienced nurses. iact is fully compliant with all HIPAA requirements so sensitive information is safe at every stage.
Professional health advocates or coaches actively monitor employee’s program interaction and tracking. These coaches leverage their education and experience in fields of fitness, diet and tobacco cessation, while using iact's powerful management console for real-time reports, alerts and communication. This combination creates employee health accountability and long-term behavior change.
The impact of social-networking allows your employees to form communities united by a common goal or interest. These peer networks exchange ideas and often help each other through open conversations and goal sharing. The benefits of peer support include: decreased feelings of isolation, increased motivation and sustained health.
Sometimes we need a little extra motivation to get started. iact's incentive program provides the proverbial carrot needed to get individual's motivated to change core behaviors. Statistics show that employees are most likely to engage and continue participation in corporate wellness programs if there is a financial benefit.