Download - Sebs 2015 session_1_workshop_a_1_malva_mike_why biking matters

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Why Biking Matters to BusinessThe value of bikes to your bottom line

PRESENTED BY: Michael Cochran, Director of WellnessRegence BlueShield

Regence BlueShield serves select counties in the state of Washingtonand is an Independent Licensee of the Blue Cross and Blue Shield Association

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Why Is This Important?

Health is a business issue which affects financial performance

• Companies with “highly effective” worksite programs are 40% more likely to report financial performance above their peers1

Health care costs still outpacing inflation

• In 2014, underlying cost trend still high at 8%; employers plan to hold the average increase in per-employee cost to about 5%2

Employers understand the value of health and well-being programs to their overall organizational health strategy

• Seventy percent of companies are developing a workplace culture where employees are responsible for their health1

1 2013/14 Staying@Work Report; TowersWatson/National Business Group on Health

2 Mercer’s National Survey of Employer-Sponsored Health Plans, 2014

Supporting biking is a great tool to improve employee wellbeing and support a culture of health

© 2015 Regence BlueShield, all rights reserved. Private and confidential.

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Developing a “Culture of Health” with Biking

Culture of Health

Strategy

Leadership

Engagement Communications

Role Models

Evaluation

© 2015 Regence BlueShield, all rights reserved. Private and confidential.