Good Stuff Happens in 1:1 Meetings: Why you need them and how to do them well
Workforce Population Management
1. Managers of large corporations intuitively understand that having a
healthier employee population can result in many benefits. Fewer sick days
can help operations run more smoothly. Morale improvements can be
substantial as well (for instance, in employees that would have had to cover
for a stick employee, as well as the employee him/herself.). Of course,
healthier employees result in lower costs, due both to decreased sick days
as well as health insurance cost savings.
There are various barriers that enterprises face when trying to work the
"employee health" problem. Cultural resistance to tackling the problem can
be substantial - sometimes executives are uncomfortable with even
approaching it, since health is perceived as such a personal issue. However,
personal health impacts the company via cost channels - both direct and
indirect, i.e. insurance costs and productivity.
Some of the challenges that large companies fact when trying to improve
the health of their employee population include an inability to quantify potential improvements, due to the large amounts of data involved -
data that is difficult to analyze and discern knowledge from. Healthentic's Population Analytics can examine actual company data, quantify
potential improvements, and determine the most effective program to pursue. After a program is implemented, it can also measure the
effects of the program - so it can be compared to other possible program changes, allowing the business to evaluate the true "opportunity
cost" of its actions.
Healthentic analyzes your a corporation's actual employee health data and divides the employee population into three buckets: health,
preventable, and chronic. You can then drill in and determine what behaviors are driving your underlying health insurance costs, and how
to best modify those behaviors. By analyzing your actual data in detail, Healthentic goes beyond the standard suggestions that an insurance
broker can offer.
Wellness programs that corporations typically pursue to improve employee population health include smoking cessation, stress
management, active living challenges, health risk counseling, and so forth. Many in the wellness profession use a sort of standard
"playbook" - a combination of programs that anecdotally has worked in various situations to improve wellness and reduce costs. However,
often the standard playbook is wrong, and when a company analyzes its own data in detail, surprises result.
Healthentic works with corporations to identify what sorts of programs have the potential to "move the dial", to increase participation in
existing and new programs, to maximize returns from programs already being paid for, and to make the case for new programs that will
have a measurable impact on costs.
Healthentic, Inc.
9706 4th Ave NE, Suite 208,
Seattle, WA 98115
(206) 729-5577
http://www.healthentic.com/