Cincinnati USA Regional ChamberGrowing the vibrancy and
economic prosperity of our region

In This Issue:


    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 care.” 

    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.  

     HORAN LOGOOther key findings:  

    • 66.4% of survey participants had fully-insured health care plans. 
    • 77.1% have a wellness program in place. 
    • 64% of the 23% who do not currently have a wellness program in place plan to implement a plan in the next 12 months. 
    • The 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 care (82.7%). 
    • A 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 years 
    • Over 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%. 
    • Almost 55% (54.9%) of wellness programs have less than $100 per employee per year budget. (Premium discount and Health Savings Account based incentives were excluded) 

    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 client data.  

    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.  

    Importantly, 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 wellness program.  

    The 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:   

    • Cincinnati Eye Institute, Cincinnati, OH 
    • Forest Hills School District, Cincinnati, OH 
    • Gorilla Glue Company, Cincinnati, OH  
    • Kadant Black Clawson Inc., Mason, OH 
    • Montgomery County, Dayton, OH 
    • RACO Industries, LLC, Cincinnati, OH 
    • Standard Textile Co. Inc., Cincinnati, OH 
    • Stober Drives, Inc., Maysville, KY   

    To learn more about the HORAN Health Management Best Practices Survey or Health Management Way, visit www. horanassoc.com.

Latest News

  • Tell the Cincy story with these talent recruitment cards.

    Learn More