Article / Employee Benefits
Employers Look to Wellness Plans for Long-Term Value

Lockton’s Chief Medical Officer Dr. Ron Leopold discusses the changing focus of employer wellness plans in an article for Business Insurance.

“We are seeing more employers step back and saying dollar-for-dollar (return-on-investment) is short-sighted and tough to measure,” said Dr. Leopold says in the article. Companies are looking for “any combination of reduction in medical costs, short-term disability, workers comp claims and improvement in engagement, loyalty, performance (and) employee satisfaction.”

About 70 percent of employers offered a wellness program in 2015, and 46 percent offered health and lifestyle coaching, according to the Society for Human Resource Management research. Such coaching can be used to help manage chronic diseases, weight- and stress-reduction efforts and smoking-cessation programs.

While many employers initially focused on how wellness efforts affected the bottom line, more are focusing on the programs' ability to produce and retain a healthy workforce, experts say.

Learn more by reading the full article (free subscription required).

    
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