Studies show that for most employers, 80% of healthcare costs arise from only 20% of their workforce.
With a health care crisis looming over American businesses of all sizes, ShawHankins recognizes the need for employee health and productivity programs is greater and more urgent than ever.
Double digit increases in healthcare cost have hit employers every year for the past 5 years. Chronic diseases contribute to rising healthcare cost, failing productivity and increased absenteeism. Yet, many of the health risks associated with chronic disease – from obesity to smoking to lack of exercise – are at least partially preventable.
With the importance of controlling health risks becoming more evident, effective Wellness Programs are growing more crucial for employers to adopt.
Although return on investment varies from organization to organization, wellness initiatives have demonstrated consistently favorable returns, including significant reductions in healthcare costs, decreased absenteeism, increased productivity and reduced workman’s compensation and disability claims cost and a median ROI of 3-to-1 meaning employer’s save approximately $3 for every $1 spent on Wellness Programs.
Wellness must be more than just screenings and health risk assessments. Designing a Wellness Program that complements your company’s total benefits program, fits your company’s culture, and provides incentives is crucial for your employees and your profitability.
ShawHankins understands that to show savings from a well-run Wellness Program, it is essential to provide comprehensive and effective interventions, on-site programs, wellness coaching, and continuous communication to your employees.
As a value-added service ShawHankins works with our clients to conduct a thorough analysis to develop a Wellness Program tailored to the individual needs of each client.
Mary Quinn, RD, LD is our Director of Wellness Plan Services. She has 18 years experience in healthcare and wellness and has experienced first-hand the benefits of comprehensive wellness programs. When appropriate, Mary will assist in the development of comprehensive wellness strategies with emphasis on the efficacy and cost-effectiveness of potential alternatives.
ShawHankins is committed to establishing long-term partnerships with our clients and part of our philosophy is making sure we provide information and services that will improve your overall business strategy. We understand how simple practices and policies can improve productivity, enhance morale and impact the bottom line.