Health-related work place productivity improved 22 percent as a result of My Health program
LOS ANGELES, Feb. 10 /PRNewswire/ -- Today the Integrated Benefits Institute (IBI) and the National Business Coalition on Health (NBCH) honored Nationwide Mutual Insurance Company with the 2009 IBI/NBCH Healthy Workforce Productivity Award at their Health & Productivity Forum being held February 9-11 in Los Angeles. The award, sponsored by Thomson Reuters, recognizes leadership in the area of health and productivity and honors an employer that has worked with its employees to develop, implement and measure an innovative health and productivity initiative.
"The goal of this meeting is to feature the latest practical approaches to investing in and promoting both the health and productivity of the workforce," said Thomas Parry, PhD, president of IBI, and co-host of the forum with Andrew Webber, president and CEO of NBCH. "We appreciate Nationwide sharing information on their successful program and congratulate them on this recognition."
Nationwide's My Health program is a comprehensive health and wellness program designed to promote healthy living for all of its associates. The initiative includes a health assessment, lifestyle behavior coaching, integrated absence/disability/workers' compensation/disease management, health advocacy/education, occupational health clinics, walking programs, free/discounted fitness centers and employee assistance/behavioral programs. Most important is that the program doesn't stop at health promotion, but also evaluates the lost time and productivity improvements from the interventions.
"We are pleased to accept this award and the affirmation of our commitment to improving the lives of our associates through our various health and wellness program offerings," said Kathleen Herath, associate vice president of Health & Productivity for Nationwide. "Healthier associates are more productive and, in the end, that leads to lower health care costs for our associates and the company. This program helps us ensure that every individual receives the best care available and works to improve their overall health and well-being."
In addition to conducting multiple surveys and focus groups across the organization to gain feedback on the program structure and offerings, Nationwide regularly communicates to a group of associate My Health Champions who provide support at the local level and are charged with positively spreading the word about the program to other associates. They also request testimonial stories from associates who achieved positive results from the program.
The program has led to higher associate enrollment and participant completion rates. The trend has been an increase of ten to 12 percent in participation each year over the last seven years. In 2007, participation increased five percent and resulted in a total medical spend savings of $5.3 million. For absence and disability case management, Nationwide estimates that it saved 75,665 disability days for a cost savings of $16.3 million and improved health-related work place productivity by 22 percent.
About the Integrated Benefits Institute
The Integrated Benefits Institute (IBI) provides employers and their supplier partners with resources for demonstrating the business value of health. As a pioneer, leader and nonprofit supplier of health and productivity research, measurement and benchmarking, IBI is a trusted source for benefits performance analysis, practical solutions, and forums for information and education. IBI's programs, resources and expert networks advance understanding about the link between -- and the impact of -- health-related productivity on corporate America's bottom line. For additional information visit: ibiweb.org.
About the National Business Coalition on Health
NBCH is a national, non-profit, membership organization of nearly 60 employer-based health care coalitions, representing over 7,000 employers and approximately 25 million employees and their dependents across the United States. NBCH and its members are dedicated to value based purchasing of health care services through the collective action of public and private purchasers. For additional information visit: www.nbch.org.
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|SOURCE National Business Coalition on Health; Integrated Benefits Institute|
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