WHAT IS WORKING WELL IN LOUISIANA FOR US EMPLOYERS- A DESCRIPTIVE ANALYSIS OF EMPLOYERS ACTIVELY ENGAGED IN PROMOTING EMPLOYEE HEALTH
Author(s)
Copher R1, Tolbert C2, Li X1, Wang Z3
1Eisai, Inc., Woodcliff Lake, NJ, USA, 2Louisiana Business Group on Health, Baton Rouge, LA, USA, 3Eisai Inc., Woodcliff Lake, NJ, USA
OBJECTIVES As healthcare costs continue to rise, employers seek options to improve the health and wellness of their employees. This study examined the practices of employers that are actively engaged in promoting employee health. METHODS A study of 18 employers who applied for the Working Well award provided by the Louisiana Business Group on Health in 2013, recognizing employers who are exemplar in their employee health and wellness activities. Applicants completed a survey detailing business policies and programs intended to promote wellness. De-identified data derive from 2013 applications. RESULTS Over half of the companies had fewer than 500 employees (55.6%), 4 had more than 2000. Health plan coverage was fully (8; 44.4%) or self (7; 38.9%) funded. Almost half implemented wellness programs within the last 3 years (44.4%), whereas 4 (22.2%) had programs more than 10 years; all were company funded. Annual spend on wellness was split across participating employers with 55.6% spending < $50,000 and the rest > $50,000 (8; 44.4%). Rationale most cited for programs: improve employee wellbeing (18; 100%), contain healthcare costs (17; 94.4%), increase productivity (13; 72.2%), and reduce absenteeism (12; 66.7%). Most employers incentivized program participation (16; 88.9%) through premium reductions (8; 44.4%), cash (8; 44.4%), or PTO (3; 16.7%). Information most reported to help with wellness planning were health risk assessments (HRAs) (15; 83.3%), health care claims and utilization (14; 77.8%), and worker’s compensation claims (8; 44.4%). CONCLUSIONS In the US, employers are responsible for a significant portion of healthcare spend. Though a small self-selected sample, this analysis reveals that employers actively engaging their employees, using prevention and incentives to promote wellness are a more recent occurrence. The trend suggests increasing awareness that efforts to improve employee health and wellness can help attract and retain staff, as well as potentially reducing healthcare costs.
Conference/Value in Health Info
2014-11, ISPOR Europe 2014, Amsterdam, The Netherlands
Value in Health, Vol. 17, No. 7 (November 2014)
Code
PHP89
Topic
Economic Evaluation
Topic Subcategory
Cost/Cost of Illness/Resource Use Studies
Disease
Multiple Diseases