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Wellness/Individual Health Management
One way employers can contain costs and better serve employees is by encouraging employees to take care of their own health. Through behavioral programs that reduce the prevalence and severity of illness in a population, employees can enjoy a better quality of life, and the plan's claims costs will decline.
There is increasing evidence that wellness and disease management programs can improve patient health and reduce costs. For example, a recent study monitoring a community-based diabetes management program demonstrated an 18% reduction in per participant claims costs after 2 years and a 39% reduction after 5 years.
Sibson works with plan sponsors to establish effective health management programs that support employees and their dependents. These programs include:
- Wellness and prevention programs
- Chronic disease management
- Catastrophic claims management
- Patient education and self-help programs
- Complementary care alternatives
- Incentive programs
To learn more, see:
- "Is Your Wellness Program a Scattershot Effort... or on Target to Serve Employees and the Organization," June 2008 Perspectives
- "DOL Issues Checklist for Wellness Programs," March 10, 2008 Capital Checkup