Businesses who do not take advantage of an accountability-based program are leaving money on the table. This new structure is a permanent solution to rising healthcare costs.
Salt Lake City, UT (PRWEB) May 06, 2013
Almost everyone is aware that the next decade of healthcare legislation changes will have a major impact on businesses.
The experts at Orriant have seen the writing on the wall for some time now with regards to how healthcare will affect businesses over the coming years. In their effort to illustrate how new legislation will impact businesses, and possible ways to alleviate the forecast impact, Orriant is developing a calculator to display how their corporate wellness programs provide a potential for zero-based cost along with available wellness incentives from the Federal Government.
What does the new calculator measure and display?
With its years of research and expertise in helping companies to institute programs that employees enjoy, Orriant has a wealth of knowledge regarding what really works in their respective industry. The new calculator for corporate wellness programs shows the amazing dynamic of how a company benefits as it implements an accountability structure to minimize healthcare costs and increase productivity. One thing employers will quickly learn is that not providing employees a proper incentive to change their unhealthy behaviors results in reduced participation. Alternatively, if the employer is overly generous on this incentive, the program is still effective, but begins to reduce the overall employer advantage. Another item to consider is Federal wellness incentives.
What is the overall goal?
Orriant would like business owners to understand how vital employee participation is to the overall success of their efforts. While it is exciting that many employers who partake in Orriant’s services will be eligible for wellness incentives of up to 20 or 30%, as offered by the Federal Government; that should not be the core focus of their efforts. “If you engage in Orriant’s services thinking of only your potential hard cost savings, then you are missing the boat on the much larger long-term benefits created by changing your employee culture with our program,” said Darrell Moon, CEO of Orriant. By creating an example company scenario, and allowing business owners to see how raising or lowering employee incentives helps or hinders their potential long-term benefits, Orriant hopes to open their mind to the culture change that they strive to achieve.
Impressive short-term savings, but wait…
Orriant has stated clearly that the longer a company stays with their intent to make a gradual, yet aggressive change in their culture, the better the company performs overall and reduces healthcare costs. For those are skeptical about how a healthier workforce will benefit them; it is likely best to answer this skepticism with a simple definition:
Healthier Workforce (noun): The combined efforts of management and employees to gradually break poor health habits in an effort to receive a discount on their healthcare premiums.
Orriant (proper noun): The persistent efforts provided by wellness coaches who have at least a four-year degree in a health related field. An employee preferred solution to rising healthcare costs, and a means for business owners to permanently change their culture through employee incentives and regular communication about their health goals.
The popularity of corporate wellness programs continues to grow, and due to their effectiveness, this trend should be sustained for many years. For more information on the new calculator, please visit: http://www.orriant.com