Jodi Fuller, a speaker at the marcus evans Corporate Benefits Summit 2013, discusses how organizations can lower their employee healthcare costs. Interview with: Jodi Fuller, Director, Global Benefits, MeadWestvaco Corporation

1. Studying Healthcare Data to
Evaluate Corporate Benefits
when designing effective programs to Effectively managing costs increases
minimum rising healthcare costs. Once also includes evaluation of contracts,
these are understood, employers can service delivery and performance
focus on what specific programs might metrics of vendors to ensure that the
have the most impact on their best value is being received. Vendors
population. Combining that information that are not showing measurable
with data about health conditions of the outcomes should go out to re-bid.
employee population can help create
specific programs to help address rising How can improvements in employee
costs. health be measured?
Evaluation of medical claims, employee
productivity and lost time data, along
Interview with: Jodi Fuller, with the prevalence of chronic
Director, Global Benefits, conditions, can provide an indication of
MeadWestvaco Corporation the potential costs that can be targeted
The issues
for improvement. Sponsoring studies
related to the effectiveness of programs
Employer sponsored studies and and engagement rates can provide
driving
feedback from internal employee insight to employees’ general well-
surveys can measure improvements in being.
employee health and wellness, says
Jodi Fuller, Director, Global Benefits, A multiple year program needs to be
cost
MeadWestvaco Corporation. Comparing monitored on an annual basis. For
healthcare expenses from employees example, in an incentive-based activity
who are engaged in wellness programs program comparing the results of the
increases
and those who are not, can provide participant’s year over year with those
insight to the effectiveness of employer who are not, has the potential to show if
sponsored wellness and corporate the program has any impact on
benefits, she adds. controlling costs.
A speaker at the upcoming marcus
evans Corporate Benefits Summit
specifically How is a culture of health
established in an organization?
for the
2013, in Las Vegas, Nevada, January
20-22, Fuller highlights why knowing Corporate benefits directors need to
the population specific health drivers for understand what motivates their
cost increases will assist corporations in employees and what specific
business
developing an effective strategy to communication strategy and programs
tackle and decrease them. are necessary to maintain engagement
over time.
must be
What strategies can you
recommend to lower healthcare Programs should be designed to meet
costs? specific employee needs and often
require senior management support to
understood
Healthcare reform is also forcing really make a sustainable difference. It
corporate benefits directors to not only is very important that employees can
design employee medical programs, but take personal accountability for making
they must also monitor the daily changes if this is to become a part of
governmental changes that may impact the corporate culture. Offering lower
their strategies and increase their costs. premiums for participation in wellness
Understanding the financial impact of activities can also be a strong
new regulations must be considered motivation to increase participation.

2. About the Corporate Benefits Summit 2013
The HR Network –
marcus evans Summits group
This unique forum will take place at the Red Rock Casino, Resort & Spa, Las Vegas,
delivers peer-to-peer information
Nevada, January 20-22, 2013. Offering much more than any conference, exhibition or
on strategic matters, professional
trade show, this exclusive meeting will bring together esteemed industry thought
trends and breakthrough
leaders and solution providers to a highly focused and interactive networking event.
innovations.
The Summit includes presentations on assessing and implementing non-standard
medical benefits, tailoring a total rewards program to fit the organization, creating a
wellness culture and aligning wellness initiatives to the company’s medical plan.
www.corporatebenefitssummit.com
Contact
Please note that the Summit is a
closed business event and the Maria Gregoriou, Journalist, marcus evans, Summits Division
number of participants strictly
limited. Tel: + 357 22 849 400
Email: press@marcusevanscy.com
For more information please send an email to info@marcusevanscy.com
All rights reserved. The above content may be republished or reproduced. Kindly
inform us by sending an email to press@marcusevanscy.com
About marcus evans Summits
marcus evans Summits are high level business forums for the world’s leading decision-makers to meet, learn and discuss
strategies and solutions. Held at exclusive locations around the world, these events provide attendees with a unique opportunity to
individually tailor their schedules of keynote presentations, think tanks, seminars and one-on-one business meetings.
For more information, please visit: www.marcusevans.com
Upcoming Events
Corporate Learning & Talent Development Summit - www.cltdsummit.com
HR Summit - www.hranzsummit.com
To view the web version of this interview, please click here: www.corporatebenefitssummit.com/JodiFuller