One major win for business owners everywhere is the ability to: reduce their healthcare costs, increase productivity, and watch their bottom line improve year-over-year due to a healthier workforce.
Salt Lake City, Utah (PRWEB) May 09, 2013
Orriant has announced the compliance of their company wellness programs for Federal wellness incentives. Although these corporate wellness programs are compliant for 2013 and the 20% incentive available, they have gone a step further to verify compliance for a new 30% standard in 2014. This will launch in conjunction with the Affordable Care Act. For employers who want to lower healthcare costs, this is music to their ears.
What is the Affordable Care Act?
Many employers will be required to enroll employees in health insurance programs that meet minimum care requirements in 2014. For many employers who have been trying to lower healthcare costs, this has been hard news to accept. However, The Federal Government has set up a means for employers to hedge against these increases by implementing corporate wellness programs. Although these programs have a powerful impact on reducing costs, another option will be available that yields as much as 30% in wellness incentives to companies who implement solutions like Orriant.
How much of an impact can this make on a business?
Orriant’s independent research has verified their unique methodology always produces a healthier workforce. With the benefits offered by accountability-based employee coaching, Orriant has been able to harness the power of a healthier workforce, which inevitably creates lower healthcare costs. Beyond that, the new 30% federal wellness incentives provide a business with a great way to recover even more of their valuable capital. The new legislation that is approaching in 2014 will have employers feeling a bit frustrated, but that will dissipate if they provide a compliant wellness plan.
While this news may be taxing for some business owners, other business executives are taking a more progressive approach to changing their employee culture and improving their company in almost every aspect. Orriant maintains all corporate wellness programs are not equal, and many of them are not compliant with these new increases. As a result, business owners should be careful to pick a corporate wellness company that is experienced and prepared to help customers take full advantage of incentive increases.
For more information on on how to take advantage of the Federal incentive increases, please visit: http://www.orriant.com