February 23, 2016
How do your company's health management practices compare?
HORAN, one of the Chamber's preferred brokers of ChamberHealth™, released the findings from the HORAN
Health Management Best Practices Survey. More than 100 organizations, spanning
13 industries and representing over 75,000 employees, participated in the
region's first comprehensive workplace wellness survey.
“This first of its kind
survey for our region allows employers to understand how their wellness
programs compare to their peers in the area,” said Terry Horan, President and
CEO of HORAN. “The survey results will help employers identify the essential
components for developing or modifying their corporate wellness program to
improve the employee population's overall health and the cost trend for health
The survey found that each company’s Wellness
Program is unique. However, successful programs share certain traits in common.
They were built and modified over time; have high participation rates among
employees and their spouses; and have significant incentives.
The survey data revealed that biometric
screens (82.1%), employee assistance programs (60.7%), health coaching (51.3%)
and annual preventive screening programs (55%) are the most common wellness
plan components. The survey also showed that incentives, especially premium
discounts were the most effective way to increase participation.
Other key findings:
of survey participants had fully-insured health care plans.
have a wellness program in place.
of the 23% who do not currently have a wellness program in place plan to
implement a plan in the next 12 months.
top two objectives for a wellness program were to improve the health and
wellness of employees (95.1%) and to stabilize or reduce the cost of health
significant percentage of survey participants with advanced wellness programs
in place reported an average annual cost increase of 2% or less over the last 3
35% (35.5%) of participants report a greater than 5% cost increase over the
past three years. And, almost 8% (7.6%) have had an average annual increase of
greater than 12%.
55% (54.9%) of wellness programs have less than $100 per employee per year
budget. (Premium discount and Health Savings Account based incentives were
At the Health Management Symposium, HORAN
explained that its HORAN Health Management Way℠ helps employers develop
effective wellness programs. At HORAN, dedicated expert resources create a
unique wellness program for each company that focus on consulting with clients,
leveraging best practices, capitalizing on market expertise and utilizing
This aligns with HORAN’s philosophy of
providing clients with access to affordable, high-quality health care
management through the bridge of insurance, helping clients accumulate, invest
and ultimately distribute wealth over a long retirement and tailoring life
insurance, disability income and long term care products to meet the needs of
families who experience a premature death or disability and then use these
products to transfer wealthy to the next generation or favorite charity.
the HORAN Health Management Way begins working with clients where they are now
in terms of wellness to ensure success. The HORAN Health Management Continuum
sets a path to stabilize, improve or eventually achieve a best in class
Health Management Symposium had over 350 attendees. It began with a keynote
address from Dr. David Katz, a world-renowned health and wellness expert. Dr.
Katz is considered one of the world's 100 most influential people in health and
wellness. He is the Founding Director of Yale Prevention Research Center and
President of the American College of Lifestyle Medicine and Director of the
Integrative Medicine Center.
HORAN concluded the Health Management
Symposium with an award and recognition for eight Best-in-Class Wellness
Programs. The honorees were:
Eye Institute, Cincinnati, OH
Hills School District, Cincinnati, OH
Glue Company, Cincinnati, OH
Black Clawson Inc., Mason, OH
County, Dayton, OH
Industries, LLC, Cincinnati, OH
Textile Co. Inc., Cincinnati, OH
Drives, Inc., Maysville, KY
To learn more about the HORAN Health Management Best Practices Survey or
Health Management Way, visit www. horanassoc.com.