Wednesday, April 10, 2013

When your boss makes you pay for being fat - 620 WTMJ - Milwaukee's Source for Local News and Weather

When your boss makes you pay for being fat - 620 WTMJ - Milwaukee's Source for Local News and Weather

This subject is going to receive more publicity as we move forward into Obamacare.

The reason is that there are some excellent financial rewards within Obamacare for introducing a wellness program to your company.  The catch?  You have to have a group health plan.

Wellness is good, helping people change behaviors to improve their health is excellent.  The question is what role does the employer want to play and is the best vehicle for providing this solution a group health plan?

The financial benefit of providing a wellness program has been hard to measure without a large enough number of employee's to allow experience to be utilized in setting health insurance rates.  Many companies do not fall into this category.  The ironic issue is that companies can have 9 out of 10 of their employee's adhering to a great wellness path and yet they still have negative experience due to significant claims which the premium of the company cannot sustain, simply because some health claims are extremely expensive.

The solution ultimately comes down to use as consumers, employee's, and users of the healthcare system.

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