Benefits

Workplace Wellness Programs Don’t Have to be Pricey to be Effective

A program with a purpose and commitment can provide positive and productive results.

It used to be that the harder and longer you worked, the more respect you earned from your peers. Those long nights and bleary eyes were the sign of a very dedicated employee. But thanks to our digital-first world today, we’re now on 24-7 whether we like it or not. We tried to maintain that good old approach of long…

Bristol-Myers Squibb: Optimas Gold Winner for Benefits

Bristol-Myers Squibb, a global company with 27,000 employees, was able to modernize and streamline its benefits process while also keeping it local.

Simplifying employee benefits is difficult for any company no matter its size. When you consider the same challenge for a massive, global biopharma company with 27,000 employees scattered across 46 countries, a single solution seems impossible. Bristol-Myers Squibb had many challenges embedded in its paper-based, low-tech benefits process, including language barriers, resource constraints and conflicting priorities. The New York-based company…

Riverside Healthcare: Optimas Silver Winner for Benefits

Many employers say they want a culture of health. Riverside Healthcare has accomplished that culture.

Many employers say they want a culture of health. Riverside Healthcare is one that is achieving that culture through its employee wellness program, Riverside Employees Actively Choosing Health, or REACH. REACH focuses on holistic well-being rather than just physical health. Along with health risk assessments and annual wellness labs, employees can also access programs centered around emotional health, financial wellness…

Anthem Inc.’s New PBM Predicted to Bring Cost Savings to Employers

The insurance giant is leaving its current PBM in 2020, and if it can accomplish better transparency and lower prices, the savings could potentially be seen by employers as well.

Insurance giant Anthem Inc. announced this month that it will cut ties with pharmacy benefits manager Express Scripts Holding Co. and is moving to create its own PBM company. It will collaborate with  another major PBM, CVS Health, to form a new PBM called IngenioRx in 2020 when Anthem’s contract with Express Scripts ends. IngenioRx will drive lower prices and…

Not Everyone Is Open to the Open Office Space

Although certain office layouts like the open office plan are currently trendy for employers, they can pose for problems for employees with or without neurological conditions.

Having recently completed my first video story “Modern Workspaces,” for Workforce, office space design has been constantly on my mind. So, it was valuable to come across a Twitter chat this month on trends in office design and see what other people had to say.  Although open office spaces gets a lot of love, others had strong opinions against open…

Employers Eye ACOs and Telemedicine in 2018

While employers continue to tweak plan design to help manage costs, they are increasingly focused on changing the way health care is delivered and paid for.

Employers are continuing to look for innovative ways to manage health care costs and improve quality, and while costs continue to rise, they remain far below than those in the Affordable Care Act marketplaces, according to a recent survey by the National Business Group on Health. “Looking ahead to 2018 employers are holding the line on increases to 5 percent,…

Don’t Waste Open Enrollment Time on Just Open Enrollment

One way you can make it less likely your top performers will begin to look elsewhere is offering an enticing and creative package of perks.

During open enrollment season, employees have tough decisions to make. Keep the current medical coverage or upgrade to a more comprehensive plan? How much to put in flexible spending accounts? Increase life insurance coverage for a spouse? HR departments across the country scramble in November and December to ensure employees read the materials and make any changes by the deadline….

Benefits Round-up: The Newest Epidemic, Blood Drives and Forest Bathing

A recap of wellness and benefits stories making the rounds lately.

I’ve come across a few news stories this week regarding health and wellness. Feel free to contact me or comment below if you have other important benefits stories worth sharing. Loneliness: Former U.S. Surgeon General Vivek H. Murthy wrote a long, fascinating cover story for the Harvard Business Review. “The world is suffering from an epidemic of loneliness,” he wrote….

The Health Care Executive Order and Its Impact on Employers

The recent executive order on health care could have very different impacts on the mid-size to large employer market than on the individual to small group market.

President Donald Trump signed an executive order on Thursday, Oct. 12 that would change many aspects of the Affordable Care Act, also known as Obamacare. This order is a way to “start the process” of repealing and replacing Obamacare after several failed attempts to do so through legislation, most recently through the Graham-Cassidy bill.  The executive order is intended to…

Guiding Employees Toward Mental Health Practitioners

Employees may not know how to navigate the mental health care system, and more employers are considering benefits that help with that navigation. But should they need to?

Your company is aware of the impact mental health has on the workplace. It trains managers, uses EAPs and communicates relevant information on the company’s intranet. But there’s just one problem: employees still aren’t well. Today, Oct. 10, is World Mental Health Day, and the theme this year is mental health in the workplace. My colleagues and I have written…