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

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Oct 23, 2023 523 likes •757 views

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

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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

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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

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REFRAMING NG T THE C CONV NVERSATI TION

Group He Heal alth Insur uranc nce Workers’ Comp mp Insur uranc nce

Total P l Popula latio ion Healt lth M Management

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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

CALL FOR A STRATEGIC RESPONSE

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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

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A BETTER WAY to take care of business

KEY S STATIST STICS CS

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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)

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

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

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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 % .

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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 % .

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Worksite may contribute to

the problem

Reduce/control costs
Decrease absenteeism
Improve productivity
Improve recruitment and

retention efforts

Captive audience

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WELLNESS/DISEASE MANAGEMENT

He Heal althy Me Members Wel ellness Ben enefits

Immunizations
Physicals
Preventive screenings

Unh nhea ealthy mem ember bers Disea ease e Ma Mana nagem emen ent

Diabetes
Heart Disease
Asthma
Low Back Pain
COPD

80% of mem members, 20% of c costs 20% of mem members, 80% of c costs

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HOW TO INTEGRATE WELLNESS WITH RISK MANAGEMENT

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BREAK D K DOWN THE SI E SILOS OS

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CUST STOM OMIZE S SOLUTION ONS

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ACTIVE VELY ENGAGE

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IMPLEMENT Y T YOUR UR P PROGR GRAM AM

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EVAL ALUATE A AND ND A ADAPT APT

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CREATING COHESION

EAP Safety Wellness Benefits HR

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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

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EEOC W C Wellness ss Updates 201 018

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THANK YOU!

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