WELLNESS PROGRAMS AND THEIR POSITIVE IMPACT ON WORKERS COMPENSATION - PowerPoint PPT Presentation

WELLNESS PROGRAMS AND THEIR POSITIVE IMPACT ON WORKERS’ COMPENSATION P R E S E N T E D B Y M A R I E S T O R Y , M S , C H E S

OBJECTIVES  Help you connect the dots between workers’ compensation and employee wellness  Discuss supporting evidence for building wellness into your risk management plan  Review critical elements needed to get started  Outline steps for building and implementing a wellness/work comp strategy

REFRAMING NG T THE C CONV NVERSATI TION Group He Heal alth Workers’ Comp mp Insur uranc nce Insur uranc nce Total P l Popula latio ion Healt lth M Management

CALL FOR A STRATEGIC RESPONSE  Medical costs per claim continue to increase  Expensive surgical procedures and Rx  Delayed access to healthcare providers  Co-morbidities related to obesity and aging workforce increasing Source: Insurance Information Institute

THE AGING WORKFORCE According to the Bureau of Labor Statistics, of the approximate 300M people in the US, 63M are over the age of 65 Adults begin to lose muscle mass between 30 and 40 years of age, losing 30-50% between the ages of 40 and 70 Source: Safety National

A BETTER WAY to take care of business KEY S STATIST STICS CS

A BETTER WAY to take care of business WHY Y WOUL ULD EMP MPLOYERS C CAR ARE AB ABOUT TH THIS S STORY? Workers’ Comp Claims Rose with Workers’ Body Mass Index (BMI)  Normal BMI: $7,500  Overweight: More than $13,300  Mildly Obese: More than $19,000  Moderately Obese: More than $23,300  Severely Obese: More than $51,000 per 100 very obese workers Source: The Costs of Obesity: The Country, the Work Place, Workers Compensation, NCCI Holdings, 2011 Annual Issues Symposium Medical expenses for obese employees are 42 percent higher than for a person with a healthy weight, according to a report issued in 2010 by the Centers for Disease Control

PREVALENCE OF SELF-REPORTED OBESI TY AMONG U.S. ADULTS BY STATE AND TERRI TORY, BRFSS, 2 0 1 1 *Sample size <50 or the relative standard error (dividing the standard error by the prevalence) ≥ 3 0 % .

PREVALENCE OF SELF-REPORTED OBESI TY AMONG U.S. ADULTS BY STATE AND TERRI TORY, BRFSS, 2 0 1 6 *Sample size <50 or the relative standard error (dividing the standard error by the prevalence) ≥ 3 0 % .

 Worksite may contribute to the problem  Reduce/control costs  Decrease absenteeism  Improve productivity  Improve recruitment and retention efforts  Captive audience

WELLNESS/DISEASE MANAGEMENT 80% of mem members, 20% of c costs 20% of mem members, 80% of c costs He Heal althy Me Members Unh nhea ealthy mem ember bers Wel ellness Ben enefits Disea ease e Ma Mana nagem emen ent  Immunizations  Diabetes  Physicals  Heart Disease  Preventive screenings  Asthma  Low Back Pain  COPD

HOW TO INTEGRATE WELLNESS WITH RISK MANAGEMENT

BREAK D K DOWN THE SI E SILOS OS

CUST STOM OMIZE S SOLUTION ONS

ACTIVE VELY ENGAGE

IMPLEMENT Y T YOUR UR P PROGR GRAM AM

EVAL ALUATE A AND ND A ADAPT APT

CREATING COHESION EAP HR Safety Benefits Wellness

HELPING YOUR BOTTOM LINE A healt lthy e y emplo loyee: Is more productive Has fewer injuries/illness Has less absenteeism Has improved quality of work

EEOC W C Wellness ss Updates 201 018

THANK YOU! Vis isit it us at at the WD! W Wellness t tab able t today to l lear arn more.