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Archive | Healthcare Costs

Onsite Health Clinics Can Reduce Workers' Comp Claims

Thursday, October 8, 2009

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The fact that onsite health clinics improve employee wellness and reduce employer healthcare costs is well documented. As Susan J. Wells said in her article, “The Doc Is In-House,” in the April, 2006 issue of HR Magazine, “according to a study published in the December 2005 issue of the American Journal of Preventative Medicine, employers can [...]

How A Multi-Unit Store Can Benefit From An Onsite Health Clinic

Tuesday, October 6, 2009

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If you operate a multi-unit store with employees spread throughout a number of locations, does an onsite health clinic make sense for your company? If you’re narrowly focused on cost-justifying a single clinic that your widely-scattered employee population would have to travel to, you’d probably answer no. But, if you’re broadly focused on improving your employees’ health [...]

One Way To Lower Health Care Costs: Pay People To Stay Healthy

Friday, September 25, 2009

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Are rising employer health care costs leaving your company cash-strapped? Researchers at the University of Pennsylvania’s Wharton School might find that ironic. Because their studies have shown that the best incentive for changing unhealthy employee behavior is, well, cash. “We know that people in the short term have a lot of trouble changing their behavior in ways [...]

The Eyes Of Texas Are Upon Onsite Health Clinics

Tuesday, September 22, 2009

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If you told municipal risk managers in Plano and Odessa that onsite health clinics would help them control health care costs, they’d tell you that you’re being way too modest. In Texas, they use them to lower costs. I found an article on the Business Insurance website, which really caught my eye. Basically, these two cities [...]

Onsite Health Clinics Help Pennsylvania Firms Lower Employer Healthcare Costs

Monday, September 21, 2009

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“A healthier workforce equals lower costs, better recruitment and increased retention,” says Edward Schwartz, M.D., vice president and chief medical officer of Cigna-Medical Services. We couldn’t agree more. In an effort to improve the health and wellness of its 800 employees, Cigna Healthcare in Scranton, Pennsylvania opened an onsite health clinic that offers a range of medical [...]

Many Agree On Benefits Of Onsite Health Clinics At Large Retail Stores

Friday, September 18, 2009

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If you’re worried that your employees might not be interested in an onsite health clinic, consider what people are telling the Wall Street Journal. Most adults responding to a recent Wall Street Journal Online/Harris Interactive Health-Care poll indicated that onsite health clinics located in retail chains might be more convenient and accessible, and offer some medical [...]

Health Savings Accounts (HSAs) and Health Reimbursement Accounts (HRAs) – What's The Difference?

Thursday, September 17, 2009

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As healthcare costs continue to rise, employers and employees alike are looking for ways to reduce them. Health Savings Accounts (HSAs) and Health Reimbursement Arrangements (HRAs) are two increasingly popular approaches. Over the past decade, the average annual premium paid to cover an employee and his or her family has more than doubled. According to a [...]

How to Lower The Rate Of Increase of Employer Healthcare Costs

Wednesday, September 16, 2009

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Tackling the problem of exploding employer health care costs can be very humbling. Lowering the rate of increase is often the best you can hope for. In a 12 month forecast just released by Aon Consulting, employer health care costs are predicted to rise by 10.5% over the next year. Despite the fact that this projected increase [...]

Employer Health Care Costs Continue To Rise At Twice The Rate Of Inflation

Tuesday, September 15, 2009

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First, the bad news: Employer health care costs are rising at twice the rate of inflation. Now, the good news: The rate of increase is much lower for employers offering health management programs to their employees. According to research done by Mercer (a leading human resource consulting firm), total health benefit costs rose by over 6% in [...]

How Can Employers Reduce The Impact Of Healthcare Reform?

Monday, September 14, 2009

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How Can Employers Reduce The Impact Of Healthcare Reform?

Predictably, many companies are worried that the healthcare reform being debated in Washington will significantly increase their employer healthcare costs. And, just as predictably, many companies plan to pass these rising costs on to their employees. I would argue that shifting these costs will only increase them, both for you and for your employees. Wouldn’t it [...]

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