Blog

To view blog posts prior to July 2010, click here.

The Memphis Business Group on Health (MBGH) is pleased to make this forum, including all web pages and web sites accessed from this page, available to Web Site users and others. However, the MBGH does not render legal or consultation services, and legal counsel must be consulted to determine any material’s applicability to any specific situation. MBGH cannot warrant or control the quality, accuracy, or validity of the information posted here. Comments posted on this blog are the sole responsibility of their writers. Use of such information is at the risk of the accessing user and the accessing user assumes all liabilities that may result from such use.


Employers Turn to Biometric Data To Manage Costs

From the National Business Coalition on Health: As employers continue to use wellness programs to improve employee behavior and their health, many are taking advantage of benefits automation tools; however, they also have not reached the potential for cost savings and operational efficiency, according to the 2012 Wellness & Benefits Administration Benchmarking Study by bswift.

“Employers are actively modifying and upgrading their wellness programs as they learn from experience, putting a greater emphasis on employee incentives and the use of biometric data,” says bswift CEO Rich Gallun. “The study shows that organizations are not waiting for absolute clarity on the future of national health reform to get a grip on health expenditures and to improve the health of their employees and dependents through wellness programs.”

In fact, 60 percent of respondents include biometric testing into their wellness programs, and to encourage employees to complete these tests, 40 percent of respondents offer incentives, such as credits toward health benefit contributions. Overall, 76 percent of respondents provide some type of incentives with the most common being health risk assessments and tobacco cessation programs. To hit certain biometric targets, 10 percent of respondents are providing incentives, which was previously considered too invasive.

Posted by Cristie Travis at 8:44 AM

Comments

No Comments yet!

Leave A Comment

Please answer the simple math question below to submit the form.
1 + 2 =

Say Hello

Please feel free to drop us a line via the button below. We try to respond to every email we receive.

Stay Connected

Join the MBGH community and keep up to date with issues concerning Memphis healthcare.

Facebook Twitter LinkedIn Feed