Given the ongoing deterioration of America's health in the areas of obesity, hypertension, abnormal lipids/cholesterol and insulin resistance, promoting employee health management (EHM) is the best long-term solution to containing ever-rising medical costs. Healthy employees and their healthy families are likely to incur lower medical costs and be more productive. EHM incentives have shown to be effective in making a good cost-control strategy even better.
The world of employee benefits is dramatically different today than it was just five years ago -- let alone 15 or 20 years ago. What is not new is the fact that employees need benefits, and companies need employees.
The introduction of consumer-driven health plan (CDHP) options into employer-sponsored benefits plans has become more attractive across organizations. Many companies are finding this option to be a viable choice as part of the total rewards package due to increasing difficulty in offering competitive health plans to employees at affordable premiums while also maintaining good health-care coverage.
The struggle with employer-sponsored benefits plans isn't new. Employees want high levels of coverage without high premiums or co-payments. Employers want costs managed without compromising quality of service. One way to meet all of these goals is to self-insure benefits programs and transfer the risk away from a third party to the organization and its employees.
This book is designed to provide your employees with a roadmap that covers benefits basics with helpful tips, analogies, guidelines and more. It speaks in plain, everyday language to increase their benefits know-how and motivate them to think about their health and financial well-being.