HEALTH AND WELLNESS

An unhealthy employee is a very costly employee on many levels, calling out sick is just the beginning. Being unhealthy also results in presenteeism, lower productivity, and lost revenue not to mention once an employee is deemed unhealthy their condition will most likely worsen not improve over time unless a preventative action plan is set in place.

The fact is health care costs are skyrocketing with no end in sight. Some sobering statistics:

• Health care costs have been increasing 9.8% annually on a national basis
• Health care costs are slated to double again within the next 7 years
• On average 15% of employees accrue 78% of medical expenses
• 75% of health care costs are aligned with an individual’s lifestyle and these costs are preventable!
• An employer spends on average $10,000 (premium) per employee (family coverage) per year

These are big numbers, but not all the numbers are so big – in fact only 3% of all employer health care costs are allocated to prevention initiatives.

For every dollar an employer spends on health and wellness initiatives, they will see on average a 300% return.

Prevention is the key – prevention is reasonable – prevention is feasible – prevention is accessible – prevention is now.

INmarketing Group is proud to offer in conjunction with ChipRewards, a robust healthcare incentive solution aimed at driving positive health-related decisions and activities to your employees in areas such as wellness, disease management, preventive care, prescription drug utilization, online education, and diet and exercise.

The web-based solution enables sponsors (clients) to increase engagement in positive health-related decisions and activities. The software works to increase engagement of individuals and populations in targeted healthcare areas including:

• Wellness
• Disease management
• Preventive care
• Prescription drug utilization
• Online education
• Diet & exercise

This solution offers an automated end-to-end solution for establishing and tracking promotions, managing member accounts and providing meaningful redemption options. The technology is powered by ValueSYS™, an industry-leading retail loyalty and rewards software that processed almost 10 billion points on behalf of nearly 32 million consumer accounts in 2007. The platform offers both real-time and batch processing of transactions, delivering a powerful and user-friendly experience for both our members and our sponsors.

Click here for more information.