Kt Flood presented on ways for companies to address rising healthcare costs. The presentation discussed how healthcare costs burden companies and the role of HR in addressing the issue. Initiatives proposed included offering high deductible health plans, transferring choice to employees, introducing wellness programs to combat preventative health issues, and decreasing employee health spending while increasing fitness and overall health. New healthcare reform provides tax credits for companies to establish wellness programs and incentives to encourage preventative care.

1. RectifyingourRisingHealthCareCosts Presenter: KtFlood 27 April 2010

2. Agenda

3. Background Health Care Costs Burdening Our Company Health Benefits vs. Employment HR’s role

4. General Electric

5. PPG Industries

6. Minitab, Inc Healthy Costs Less Onsite Facilities Community Involvement Personal Trainers “an appointment with the personal trainer is treated like any other business meeting”

7. New Initiatives Health Reform Tax Credit 2010-2013: 35% 2014: 50% Wellness Incentives Grants For Small Business 30% Premium Discount Aetna “mouth-body connection”

8. Our Resolutions Offer High Deductible Health Plan Transfer Choice to EE’s Combat Preventive Health Issues with HSA Introduce Wellness Programs Decrease EE Health Spending Increase EE Fitness Increase EE Overall Health Increase Organizational Commitment

9. Questions?

10. Bibliography Affairs, T. B. (2010). Flexible Benefit Programs: Overview. Retrieved March 31, 2010, from Human Resource Library: http://hrlibrary.bna.com/hrlw/2000/split_display.adp?fedfid=692850&vname=hrpolconcat&fcn=1&wsn=501512000&fn=692850&split=0 Figliolini, A. J. (2010, March). HR Generalist at Microsoft. (K. Flood, Interviewer) Fogarty, S. (Aug 2007). Evaluating ROI for Wellness Programs. Benefits and Compensation Digest (Vol. 44 Issue 8) , 22-25. Harnett, C. (2010). Lowering Healthcare Costs. Human Resource Executive Online . Hershbine, T. (2010, March). HR Executive at Minitab Inc. (K. Flood, Interviewer) Huff, C. (2010, March). Dental Programs Make the "Mouth-Body Connection". Retrieved March 31, 2010, from Workforce Management: http://www.workforce.com/archive/feature/27/06/51/index.php Kerber, R. (2010, March 23). Reuters. Retrieved March 25, 2010, from Advocates See Growth for Health Savings Accounts: http://www.reuters.com/article/idUSTRE62M4AY20100323 Miller, S. (2010, March 22). Beyond Plan Design: A Multidisciplinary Approach to Health Costs.Retrieved March 31, 2010, from SHRM.org: http://www.shrm.org/hrdisciplines/benefits/Articles/Pages/Multidisciplinary.aspx Miller, S. (2010, March 25). Wellness Programs Get a Boost in Health Reform Law. Retrieved March 31, 2010, from SHRM.org: http://www.shrm.org/Publications/HRNews/Pages/WellnessReformBoast.aspx Neftzger, A. (2009, October 10). 'Tectonic Plates' and the ROI of Health Benefit Programs.Retrieved March 31, 2010, from SHRM.org: http://www.shrm.org/hrdisciplines/benefits/Articles/Pages/HealthBenefitsROI.aspx Pelissero, S. (2010, March). Director of Corporate Recruiting at PPG Industries. (K. Flood, Interviewer) Robison, J. (2010, April 2). Disengagement Can Be Really Depressing. Retrieved April 5, 2010, from Gallup Management Journal: http://gmj.gallup.com/content/127100/Disengagement-Really-Depressing.aspx Sims, M. (1997, March 28). Wellness Programs are Worth Every Dollar You Spend. St. Louis Business Journal . Unknown. (2009). Benefits of Worksite Wellness Programs. Retrieved March 31, 2010, from Wellness Proposals: http://www.wellnessproposals.com/wellness_proposals_guide_to_worksite_wellness/benefits_of_worksite_wellness.htm Unknown. (2009). Establishing a Wellness Committee. Retrieved March 31, 2010, from Wellness Proposals: http://www.wellnessproposals.com/wellness_proposals_guide_to_worksite_wellness/establishing_a_planning_committee.htm