1 / 22

Flanders Electric

pascale
Download Presentation

Flanders Electric

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

    1. Flanders Electric WELLNESS PROGRAM

    2. Background

    3. Flanders Electric Electrical motor repair and manufacturing company Age group 18-81 Average late 30’s – early 40’s Male dominate population Shops in Evansville (2), IL, FL, WY and TX Over 500 employees nation-wide

    4. Why have a wellness program? WE CARE ABOUT EVERY EMPLOYEE AND THEIR FAMILY ! THEIR HEALTH IS PRICELESS ! WE ARE OFFERING THE EMPLOYEE AND FAMILY A GREAT OPPORTUNITY TO GET INVOLVED IN PROMOTING THEIR HEALTH !

    5. FE Wellness Wellness is part of the New hire final interview Wellness Presentation in Monthly New Hire orientation Tobacco Cessation Program Chantix on Rx Plan Wellness Website on FE Internet Recipes Health/Wellness handouts Weight Control Program

    6. FE Wellness Monthly blood pressure screening Doctor referral Share some duties with our Safety Department and HR Department Monthly bulletin boards Monthly newsletters New hires, employees and spouses annual health risk assessments Wellness incentive follow ups

    7. Health Risk Assessments Year 2008 94% participation for 2007 (employees) 2006 – 90% participation 40% - Average participation in other company wellness programs

    8. Health Risk Assessments January – September 2007 Total employees screened 447 (2006 – 376) Total spouses screened 221 (2006 – 211)

    9. Body Mass Index >30 2007 65% met goal 2006 63% met goal

    10. Tobacco usage (in last 6 months prior to HRA) 2007 77% met goal 2006 75% met goal

    11. Blood Pressure >140/90 2007 99.94% met goal Great! 2006 99.89% met goal

    12. Cholesterol Risk Ratio > 5.1 2007 72% met goal 2006 75% met goal

    13. Average Number of Risk Factors per Person Screened Corporate Wide Employee 1.06 2006 1.02 Spouse 0.72 2006 0.71

    14. Health Risk Assessments 2007 46% screened had ZERO risk factors (2006 - 41%) 54% screened had ONE or MORE risk factors (2006 – 59%) 72% of participants with risk factors enrolled in the incentive program (2006 – 65%) 85% who had risk factors and enrolled, MET the incentive for 2008 (2006 – 71%)

    15. How risky are we? Low risk – 0-1 risks 65% Moderate 2 risks 17% High 3-4 risks 18% Overall, Flanders Electric has a healthy, low risk workforce!

    16. Wellness Incentive Financial incentive is rewarded when the wellness criteria is met. Applied to the participant’s flex benefit plan in Nov/Dec Open Enrollment Paid out weekly Amount is worth > $1,500.00 annually National average incentive = $192/annually Active participation in the Wellness plan and meeting incentives allows employees full Flexible Benefit Dollars to meet the employee’s portion of the premiums.

    17. Return On Investment Due to employees’ participation, Flanders has been able to maintain the level of health care coverage that our employees have come to value without increases in employee premiums. Plan Enhancements in 2008 at no additional cost to employee In the last 7 years, FE premiums have increased 7%. That is only 1% a year. Premiums for 2007 rose an average of 6.1% nationally

    18. HOW DO I MEET THE ANNUAL WELLNESS INCENTIVE? Step 1: Must participate in the annual health risk assessments If your spouse is or is planning to be on the FE family insurance, the employee and spouse must both participant in the assessment and meet the criteria to receive the financial incentive. If your wife is pregnant or 6 months post partum or less, she only is required to complete the “Declination of Tobacco Non-Use” form.

    19. HOW DO I MEET THE ANNUAL WELLNESS INCENTIVE? Step 2: Address any risk factors that were identified after receiving results in the mail Must contact the Wellness Dept to enroll yourself and/or your spouse in the program If you do not have any risk factors (0), you automatically qualify for the financial incentive

    20. HOW DO I MEET THE ANNUAL WELLNESS INCENTIVE? Step 3: Financial incentive is rewarded when the wellness criteria is met before the set deadline. Applied to the participant’s flex benefit plan in Nov/Dec Open Enrollment $30.00 per pay $1,560 per year

    21. Advantages FE Wellness Program has been around for over 15 years ! Nationally, 77% of employers now offer formal wellness programs….slowly rising! Fulltime wellness coordinator and health advocate for the FE employees and their families Wellness is part of the culture at Flanders Electric.

    22. Contact Information Jenny Wakeland, RN, MS Corporate Wellness Coordinator (812) 867-7421, extension 2243 jwakeland@flanderselectric.com

More Related