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Creating an Effective Wellness Plan for Your Company
As an employer you feel responsible for your employees. You want them to lead happy and successful lives. Like everyone else, employees can forget to take care of themselves. Their lives are going in so many different directions they forget to spend time trying to make healthy decisions. That is where a Wellness Plan comes in.
What a Wellness Plan Can Do
A Wellness Plan can help employees by teaching them healthier lifestyle choices. Wellness Plans identify specific health risks and help the employee reduce those risks through various methods. In identifying and reducing these health risks, employers reduce the rate of absenteeism and boost the rate of productivity.
How to Implement a Wellness Plan
There are various ways a Wellness Plan can work. It is just a matter of finding the one that works best for you and your employees. Below are some methods you can use to implement a Wellness Plan:
Health Risk Assessment (HRA)-An annual questionnaire that will elevate the employee's awareness of their health risks and provide direction on how to moderate those specific behaviors. This is usually the entry point to educational/therapeutic intervention.
Biometric Analysis-A combination of a HRA and biometrics. This information together leads to a more accurate profile.
Health Promotion Program Incentive-Employees receive money or other significant rewards for completing a HRA or related activities. These activities could be participation in wellness classes or accomplishing specific goals (i.e. quitting smoking, losing weight, lowering blood pressure, etc.). In many cases monetary incentives are associated with reductions in premiums.
Looking Out for Your Wallet
At the end of the day you are responsible for your employees' health plan. As most employers know, that can get very expensive. One of the best ways to reduce costs is by instating a Wellness Plan. Wellness Plans can slow down healthcare cost increases which means more money in the bank.
Design a Wellness Plan With IAA
Insurance Administrator of America wants to do everything in its power to make sure your employees stay healthy. That's why IAA offers client partners and their employees the ability to create and design their own Wellness Plan. IAA wants to protect the health of you and your employees, plus save you money.
Spring is in the air. There is no better time to start getting your employees (and you) into a healthier lifestyle with the help of IAA.
Do you have a Wellness Plan in place? Tell us all about it in the comment box below!
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