2015 Wellness Programs: Effectiveness, Adoption, and Engagement in 2014, 2015, and Beyond.

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2015 Wellness Infographic 76% Wellness Programs of employers offered some type of wellness program, resource, or service to employees in 2014 4 44% increase in Evolution1 CDH accounts with wellness contributions, 2014-15 of employees earned their full incentive amount in 2014—leaving millions of unclaimed incentives 3 of employers are interested in targeting additional dimensions of well-being such as financial, career, social, and emotional 1 21% increase in Evolution1 Partners with CDH accounts with wellness contributions, 2014-15 Reducing the costs of health care Of employers who measure their wellness program’s ROI, 80% have a positive impact 1 78% 72% By offering financial incentives, participation rates are positively impacted across all types of programs, with annual incentives greater than $500 necessary to produce participation rates of 50% or more 1 87% of employers offer incentives/ disincentives for their wellness programs 85% of employers report their organization’s incentives were at least somewhat effective in increasing employee participation 4 22% of large employers made additional wellness contributions to an HRA or HSA in 2015, up from 17% in 2014, whereas premium reduction incentives dropped to 61% from 64% over the same periods 2 31% offer incentives for their disease management programs 1 2015 employers will spend an average of $693 per employee on wellness-based incentives, up from $260 in 2009 3 Biometric screenings approx. Only Health risk assessments Physical activity programs 3 The most popular incentive- based health improvement programs: Improvements Ahead Build Culture: 47% Market Wellness: 25-30% Expand Scope: Evolution1 Data-Wellness Contributions/Accounts: Improving their employees’ overall physical health 4 Employers report that in 2014 their organization’s wellness initiatives were at least somewhat effective in: 80% A properly designed wellness program can expect to yield $3.27 for every dollar on healthcare cost reductions 5 INCENTIVES swag ¢ ¢ $ $ $ www.HealthcareTrendsInstitute.org © Copyright 2015. Healthcare Trends Institute. Sources: 1. PWC, Health and Wellbeing Touchstone Survey, 2014 2. 2015 bswift Benefits Study 3. Fidelity Investments/National Business Group on Health (NBGH) Wellness Program Survey 4. Society for Human Resource Management (SHRM) Strategic Benefits Survey, 2014 5. Harvard Wellness Program Study 6. Fabius R, Thayer RD, Konicki DL, et al.J Occup Environ Med. 2013 Companies with a proven culture of health outperform in the Standard & Poor’s 500 index 6 Employers have opportunities to improve their wellness programs by enhancing workplace culture, implementing effective program promotion, and offering initiatives that address what’s most important to their employees today.

Transcript of 2015 Wellness Programs: Effectiveness, Adoption, and Engagement in 2014, 2015, and Beyond.

Page 1: 2015 Wellness Programs: Effectiveness, Adoption, and Engagement in 2014, 2015, and Beyond.

2015 Wellness Infographic

76%

Wellness Programsof employers offered some type of wellness program, resource, or service to employees in 2014 4

44% increase in Evolution1 CDH accounts with wellness contributions, 2014-15

of employees earned their full incentive amount in 2014—leaving millions of unclaimed incentives 3

of employers are interested in targeting additional dimensions of well-being such as financial, career, social, and emotional 1

21% increase in Evolution1 Partners with CDH accounts with wellness contributions, 2014-15

Reducing the costs of health care

Of employers who measure their wellness program’s ROI, 80% have a positive impact 1

78%

72%

By offering financial incentives, participation rates are positively impacted across all types of programs, with annual incentivesgreater than $500 necessary toproduce participation rates of 50% or more 1

87% of employers offer incentives/disincentives for their wellness programs

85% of employers report their organization’s incentives were at least somewhat effective in increasing employee participation 4

22% of large employers made additional wellness contributions to an HRA or HSA in 2015, up from 17% in 2014, whereas premium reduction incentives dropped to 61% from 64% over the same periods 2

31% offer incentives for their disease management programs 1

2015 employers will spend an average of $693 per employee on wellness-based incentives, up from $260 in 2009 3

Biometric screenings

approx.Only

Health risk assessmentsPhysical activity programs 3

The most popular incentive-based health improvementprograms:

Improvements Ahead

Build Culture:

47%Market Wellness:

25-30%Expand Scope:

Evolution1 Data-WellnessContributions/Accounts:

Improving their employees’ overall physical health 4

Employers report that in 2014 their organization’s wellness initiatives were at least somewhat effective in:

80%

A properly designed wellness program can expect to yield $3.27 for every dollar on

healthcare cost reductions 5

INCENTIVES

swag

¢

¢

$

$

$

www.HealthcareTrendsInstitute.org

© Copyright 2015. Healthcare Trends Institute.

Sources:

1. PWC, Health and Wellbeing Touchstone Survey, 2014

2. 2015 bswift Benefits Study

3. Fidelity Investments/National Business Group on Health (NBGH) Wellness Program Survey

4. Society for Human Resource Management (SHRM) Strategic Benefits Survey, 2014

5. Harvard Wellness Program Study

6. Fabius R, Thayer RD, Konicki DL, et al.J Occup Environ Med. 2013

Companies with a proven culture of health outperform in the Standard & Poor’s 500 index 6

Employers have opportunities to improve their wellness programs by enhancing workplace culture, implementing effective program promotion, and offering initiatives that address what’s most important to their employees today.