Good news, payers: You are well-positioned to save a somewhat struggling health insurance industry. Payers can use their market power to establish new, innovative trends that enable quality of care and drive down costs.
Good news, payers: You are well positioned to save a somewhat struggling health insurance industry. While, at times, payers have been deemed rather unpopular, this sets them up to be unlikely heroes, according to the Harvard Business Review.
Jan. 1 officially kicks off New Year's resolution season. Wellness--whether in the form of exercising more, eating better or simply practicing healthier habits--often tops the to-do list for...
Consumers are hesitant to participate in employer wellness programs, fearing that their health records will be on public display, reported Bloomberg. Nearly 80 percent of large employers offer wellness programs. About a third of them assess employees a fine if they choose to not participate.
The chief executives of some major companies are considering withdrawing their support of the Affordable Care Act after the Obama administration sued one of the country's most successful wellness programs offered by Honeywell, reported Reuters.
Prudential Financial has implemented wellness programs, with a strong emphasis on holistic care, that have significantly lowered employees' health risks and decreased stress and depression among its workers.
Payers who want to retain members long-term and keep them healthy might want to consider offering multi-year insurance exchange contracts, according to a Health Affairs blog post. Insurers are...
I did a lot of shaking my head as I wrote about Honeywell's wellness program last week. The New Jersey-based company is planning on penalizing employees who don't participate in health screenings. And a federal judge just sanctioned those penalties, which include fining employees $500 fine for not undergoing biometric screenings and withholding $1,500 annually in company contributions to employees' health savings accounts for not undergoing wellness screenings like blood pressure, glucose and cholesterol tests.
Wellness prorams in the workplace, like the one New Jersey-based Honeywell is planning to implement next year, can penalize employees for not participating, according to a federal judge's decision, Business Insurance reported.
The federal Equal Employment Opportunity Commission filed a lawsuit against New Jersey-based Honeywell over its wellness program, which requires employees and their spouses take medical tests or face financial penalties.