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Topic:
Don’t Waste Money on Wellness Programs - Unless You Can Create Sustainable Behavioral Change
Date:
February 7, 2013 at 1:30 - 2:30 PM ETPresenters:
John Buckley, CEO(Health Fairs Direct.com)
Register for the Virtual Conference to obtain webcast schedule and registration access by clicking on the 'view event' button below.
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Description
Creating Positive Return on Investment (ROI) is not a mystery, it is not a gimmick or a ploy; it is something that your CFO can and should understand, measure, prove and of course approve. Their skepticism in wellness program ROI is correct only in the fact that we have not been measuring the right things. Your CFO needs cold hard numbers that add up to real sustainable savings. Nothing else will do.
We will show you what actions you can take to create a measurable ROI with your wellness program, how to create sustainable behavioral change and how to get CFO approval for your next budget. What has been missing in the ROI debate is that the underlying goal is to create positive sustainable behavioral change in the majority of your population. In order to create positive behavior change you need to understand how behaviors are created, what reinforces them and what will motivate an employee to consider changing them. Certain unhealthy behaviors have provable statistics surrounding how much more they cost a company as compared to an individual that does not share the same bad behavior. We will explore the top five in detail and show you how to quantify the results. Changes in Health Care Utilization and Pharmacy use can be used to prove positive ROI, I will show you how you can get this information for free. Your CFO already approves a budget for safety programs in order to prevent injury on the job. Your wellness initiative uses the same logic to support its ROI; I will show you how. We will touch on the wellness program basics that can actually cost you and your employees thousands and cost your company hundreds of thousands of dollars in waste and how to avoid them. And lastly, we will show you why aggregate reporting is not an effective way to measure behavior change or ROI and how it can unrealistically slant your results for the better or worse. You need an accurate and provable measuring system on a much more precise level. We will show you how. |
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Who Should Participate
Human Resources, Benefits and Corporate Wellness Program Coordinators at any level.
What You Will Learn
Recommended Resources
http://www.scribd.com/doc/91578643/HFD-Corporate-Health-and-Wellness-Event-ROI-Report-2011 Click here Communities
Benefits
Human Resources Management Labor Relations Absenteeism HR As Consultant Public Sector and Non-Profit Outsourcing International and Global HR The HR Practitioner HR Administration Skills and Competencies Outsourcing Benefits Medical Benefits Consumer-Directed Healthcare (CDH) Self-Directed Healthcare (SDH) Flexible Savings Accounts (FSAs) Health Savings Accounts (HSAs) Health Reimbursement Accounts (HRAs) Health Maintenance Organizations (HMOs) Preferred Provider Organizations (PPO) Private Fee For Service (PFFS) Insurance Health Topical Health Issues Employee Wellness Benefits - Cost Containment, Audits and Legal Risks Health and Safety |
Presented by
Event Sponsors
Health Fairs Direct.com
Health Fairs Direct offers customized health fairs, on-site medical screenings and lectures designed specifically for your company.
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