Boost Results – Year after Year
Clients with best in class initiatives are seeing current paid claims be as much as 10-26% lower than 3-5 years ago.
1. What’s the formula for success?
- Right Actions + Right Rewards = Right Results
- Right Results = ✓ Better health, early detection, care,
healing & wellbeing
✓ Better trends in quality, claims,
catastrophic cases & costs
✓ All in as little as1-12months—lasting year after year
2. Why is the right Wellness Rewards strategy more important than ever?
- Without one, results can be 40% or less than achievable with:
- Risks not improving &/or getting worse
- Catastrophic cases & severity not affected
- Paid claims & total costs increasing 9-25+% or more each year
- Certain designs are more effective than others:
- Some requirements lead to ripple effects of many results.
- Certain rewards increase results dramatically.
- The right mix leads to key results in the first 12 months.
- Some groups are seeing paid claims up to 26% lower than 3-5 years ago.
- New regulations allow more opportunities to improve results.
3. Considering a new or updated wellness rewards strategy?
- What will be it’s name, requirements, deadlines, reward options and budget?
- What’s important for your group – type & immediacy of results, design
options & flexibility, admin needs, exceptions, efficiencies...?
- How will it integrate with:
✓ Employees with and without benefits? Spouses?
✓ Screenings and flu shots at work?
✓ Preventive care via providers?
✓ HRAs and surveys?
✓ Healthcoaches, nurse care counselors, condition & case managers?
✓ Key trainings, other events and resources unique to your organization,
✓ Evaluation & metrics strategy
4. What else is important to get the right results?
- Will it achieve 90-100% participating and meeting other requirements that can make difference?
- Will it help get key results in the first 12 months?
- What communications, tech and reporting support are essential?
- How are administrative efficiencies and costs optimized?
- How is integration with other HIPAA business associates optimized?
- What’s the evidence and experience of those who will help?